2025 USD Withdrawal Platform Comparison: OSL, Kraken, Bitfinex, Backpack Which one is the most suitable for your withdrawal?

For investors, “withdrawal” is very important, especially when you are making profits in the market or want to transfer invested money for daily use, you need to “withdraw”. There are many ways to withdraw, but how to choose a “low-risk”, “low-cost”, and “high-convenience” withdrawal method is very important. The “USD withdrawal” just meets the above conditions, but the platforms that allow USD withdrawal include: OSL, Backpack, Kraken, Bitfinex, etc. Which one is more suitable? (Background: Wire transfer withdrawal tutorial > OSL exchange profit guardian: zero slippage 1:1 USD exchange withdrawal) (Background Information: OSL global exchange now supports USDT and USDC on the Solana network) Now use the link to register on Dongqu to enjoy 3 withdrawal fee discount vouchers, as well as a Bitcoin reward worth $15 for deposits: https://www.osl.com/signup?referralcode=GzP2rS The biggest advantage of USD (wire transfer) withdrawal is the tax exemption for overseas income. Basically, as long as the income is obtained outside the country, it is considered overseas income, such as: the price difference from trading crypto assets, the price difference from selling US stocks, US stock dividends, profits from investments in foreign funds, overseas real estate, antiques and art, etc. Therefore, the amount withdrawn through overseas platforms is classified as overseas income, thus USD withdrawal will have the advantage of a tax exemption amount of 7.5 million New Taiwan Dollars. However, when withdrawing USD, investors need to pay special attention to tax issues. According to current regulations in Taiwan, if an individual's basic income amount (including overseas income) exceeds 7.5 million New Taiwan Dollars, the excess portion is subject to a 20% income tax. Readers who are worried about exceeding the tax exemption amount can understand: the calculation of Taiwan's comprehensive income tax is as follows: Individual comprehensive income net amount Overseas income Specific insurance benefits Non-listed stocks and securities investment trust fund income Non-cash donation amounts So when withdrawing USD, please remember to slightly calculate your other income or earnings. Common USD withdrawal platform comparison, which is better? Before choosing a USD withdrawal platform, you need a foreign currency account that can receive USD. The following evaluations in this article are based on the foreign currency account of Line Bank. Regardless of which bank accepting USD you use, when filling in the bank information, you will need: Receiving country/region: TAIWAN SWIFT: LITNTWTP Bank identification code: SWIFT Account number: Please copy and paste your LINE BANK USD foreign currency account Bank name: LINE Bank Taiwan Limited Address: FLOOR 3, 333 RUIGUANG RD, NEIHU DISTRICT, City: TAIPEI Postal code: 114 Country/Region: TAIWAN A good USD withdrawal platform will be evaluated based on the following five conditions to see if the platform meets “fast”, “safe”, and “low fee”: Exchange holds a license, minimum withdrawal amount, withdrawal fee, fiat open orders fee, processing time. OSL Exchange holds a license: Virtual asset trading license issued by Hong Kong SFC, and is listed on the Hong Kong stock market Minimum withdrawal amount: $100 Fiat open orders fee: 0% (with USDC:USD 1:1 exchange discount) Fee: $15 (enjoy a $20 fee discount voucher when registered through the exclusive link of Dongqu) Processing time: 1-3 working days Extended reading: Wire transfer withdrawal tutorial > OSL exchange profit guardian: zero slippage 1:1 USD exchange withdrawal Kraken (Kraken) Exchange holds a license: Major regions including Europe, North America, Singapore Minimum withdrawal amount: $100 Fiat open orders fee: 0.2% Fee: $13 Processing time: 1-3 working days Bitfinex (Bitfinex) Exchange holds a license: El Salvador S.A. de C.V. (the first digital asset license in El Salvador) Minimum withdrawal amount: $10,000 Fiat open orders fee: Fee: 0.1% (minimum $60) Processing time: 3-7 working days Backpack Exchange holds a license: Dubai VARA license (VASP) Minimum withdrawal amount: $100 Fiat open orders fee: 0.08% (Level 1) Fee: $0 Processing time: 1-5 days Exchange Exchange holds a license Hong Kong SFC virtual asset trading license and is listed on the Hong Kong stock market Europe, North America, Singapore, and other major regions El Salvador S.A. de C.V. Dubai VARA license (VASP) Minimum withdrawal amount $100 $100 $10,000 $100 Fiat open orders fee 0% (with USDC:USD 1:1 exchange discount) 0.2% 0.1% 0.08% (Level 1) Fee $15 (enjoy a $20 fee discount voucher when registered through the exclusive link of Dongqu) $13 0.1% (minimum $60) $0 Processing time 1-3 working days 1-3 working days 3-7 working days 1-5 days Recommended users OSL has extremely low fees, fast processing speed, and compliance advantages; suitable for anyone with any amount withdrawal needs. Kraken is fast in processing speed and has low fees. However, the fiat open orders fee is slightly higher, so those with larger withdrawal needs should be cautious. Bitfinex has lower fiat open orders fees, suitable for users with large capital withdrawals. Backpack has zero withdrawal fees and lower open orders fees, suitable for many with withdrawal needs. However, it should be noted that recently Backpack has had slower withdrawal speeds. Related news OSL global exchange supports Google Pay, one-click purchase of coins supporting 134 fiat currencies OSL Group officially launches a global exchange, creating a 0 slippage fiat channel OSL announces exclusive custody services for Huaxia Fund's first Solana ETF in Hong Kong <2025 USD withdrawal platform comparison: OSL, Kraken, Bitfinex, Backpack which one is most suitable for your withdrawal?> This article was first published in Dongqu BlockTempo “Dongqu Trends - The Most Influential Blockchain News Media.”