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BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs

BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs

Cryptocurrency lender BlockFi will move to a rate-based withdrawal fee structure beginning Dec. 1, ending free withdrawals, as it cited “increasing transaction costs on the Ethereum network.” BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT.






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