The 2 major Daxbase withdrawal problems are limited payout options and high withdrawal commission if you don’t have the required turnover. Traders must reach 3x turnover for the total amount of their deposit and bonus to be able to cash out funds without paying a fee.
The broker only has 2 cash out options (Bitcoin and Tether TRC20) which is suboptimal for a broker that operates in a global scale and offers services to traders in various countries.
Payout issues on Daxbase Broker
Many traders face common issues during the cash-out process of the Daxbase broker. This guide helps you identify these issues and provides solutions for them.
Daxbase withdrawal problems:
- Limited payout options
- High cash-out fee
Limited Payout Options
One of the main drawbacks of trading with a Daxbase broker is the limited number of withdrawal options. Traders can only transfer their profits from the broker using 2 methods.
Withdrawal Methods | Minimum Payout Amount |
$50 | |
$50 |
Daxbase doesn’t provide Visa/MasterCard, Tether ERC20, or E-wallet payout options.
High Cash-Out Fee
The second major issue with this broker is the difficult payout requirements. To cash out using Daxbase BTC withdrawal or Daxbase TRC-20 withdrawal methods with zero fees, traders must reach a turnover of at least 3 times their deposit and bonus amount.
If you don’t have the required turnover, contact support to allow withdrawals by paying a 20% commission.
Daxbase Withdrawal Problems in Comparison to Other Brokers
The table below shows common payout issues in Daxbase and 3 other brokers.
Broker | Daxbase Broker | |||
High Payout Limits | No | Yes | Yes | Yes |
High Payout Fees | Yes | Yes | Yes | Yes |
Funds not Sent | No | No | No | No |
Limited Payout Methods | Yes | Yes | No | No |
TF Expert Suggestion
Traders who want to fix the Daxbase withdrawal problem must reach the 3x required turnover to cash out without paying the 20% fee.
If you have the required turnover but still face issues, contact the support team for assistance. To avoid facing further complications, read the articles on Daxbase tutorial page.
