Monaxa supports a variety of deposit and withdrawal methods, including local bank transfers, international bank transfers, cryptocurrencies, e-wallets, and QR code payments. Withdrawal processing is generally completed within 24 hours
### List of Payment Methods
| Deposit Method | Fees | Processing Time | Minimum Deposit |
|———|——-|———|———-|
| Local Bank Transfer (Domestic Bank Transfer) | Free (Monaxa covered) | Instant to 1 business day | $15 |
| International Bank Transfer | Bank fees only | Several business days | $15 |
| Cryptocurrency (BTC/USDT, etc.) | Network fees only | After block confirmation | $15 |
| E-wallet | Free | Instant | $15 |
| QR Code Payment | Free | Instant | $15 |
### List of withdrawal methods
| Withdrawal Method | Fees | Processing Time |
|———|——-|———|
| Local Bank Transfer (Domestic Bank Transfer) | Free (Monaxa covers) | Within 24 hours |
| International Bank Transfer | Bank fees only | Within 24 hours (Funds may arrive in a few business days) |
| Cryptocurrency | Network fees only | Within 24 hours |
### Recommended withdrawal methods
**Local bank transfer (domestic bank transfer) is recommended.** Monaxa covers the fees, so withdrawals are free, and the funds are processed relatively quickly, within 24 hours
### Withdrawal Rules and Precautions
– **AML Regulations**: Withdrawals must, in principle, be made using the same method as the deposit (Anti-Money Laundering regulations)
– **Local Transfers are Fee-Free**: Monaxa covers the fees, so domestic bank transfers are recommended
– **International Transfers and Cryptocurrencies**: Bank and network fees are the responsibility of the user
– **Identity Verification Required**: KYC (Know Your Customer) verification must be completed before withdrawal
– **Processing Time**: Withdrawal requests will be processed within 24 hours
### Benefits of using Moneychat
– **Cashback**: A portion of the cost is automatically refunded for each transaction
– **No impact on withdrawals**: Cashback is refunded separately by Moneychat, so it does not affect Monaxa withdrawals in any way.
**Risk Warning**: Forex trading involves risks. Please invest only with funds you can afford to lose
