<blockquote>
  <p>Does one have to pay a fee to withdraw funds from their bitcoin account into cash</p>
</blockquote>

<ul>
<li><p>If you have a Bitcoin <em>account</em> you are either storing money in a service like an exchange or are using an obsolete feature of the Bitcoin core wallet. Many people who own Bitcoin don't have a Bitcoin account - they look after their own cash and don't pay someone else to look after their cash for them.</p></li>
<li><p>Bitcoin <em>is</em> cash.</p></li>
</ul>

<p>If you convert cash from one currency into another, you will pay a fee, sometimes the fee is hidden as a spread between buying and selling rates. This is a feature of currencies in general and has nothing to do with Bitcoin.</p>

<p>If you move control over some amount of Bitcoin from one Bitcoin address to another, you will pay a transaction fee.</p>

CC BY-SA 4.0
2019-10-20T13:15:49.490Z
2019-10-20T13:15:49.490Z
RedGrittyBrick
<p>Does one have to pay a fee to withdraw funds from their bitcoin account into cash? </p>

CC BY-SA 4.0
2019-10-20T12:19:12.897Z
Depend, where you withdraw your founds?
vincenzopalazzo
<exchange-fees>
Fees when withdrawing funds from bitcoin?
Peter S Doukas
# Fees when withdrawing funds from bitcoin?

(Asked by: username_0 on 2019-10-20)

Does one have to pay a fee to withdraw funds from their bitcoin account into cash?

**Tags:** exchange-fees

> **Comments:**
> **username_1**: Depend, where you withdraw your founds?  

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## 1 answers

### Answer by username_2 on 2019-10-20. Score: 1

> Does one have to pay a fee to withdraw funds from their bitcoin account into cash

* If you have a Bitcoin *account* you are either storing money in a service like an exchange or are using an obsolete feature of the Bitcoin core wallet. Many people who own Bitcoin don't have a Bitcoin account - they look after their own cash and don't pay someone else to look after their cash for them.
* Bitcoin *is* cash.

If you convert cash from one currency into another, you will pay a fee, sometimes the fee is hidden as a spread between buying and selling rates. This is a feature of currencies in general and has nothing to do with Bitcoin.

If you move control over some amount of Bitcoin from one Bitcoin address to another, you will pay a transaction fee.


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