What happens if I terminate my account? Will there be any penalty fees?
Upon termination of your account, a penalty fee will be charged at our official buy rate. This fee is calculated based on our official buy rate and is intended to cover any administrative or processing costs associated with the termination process.
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What happens when my lock-in period is completed?
Once the lock-in period is completed, you will receive a notification. You can then choose to withdraw your funds to your main wallet without any penalty fees.
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Why do I need to add my bank account?
Why do I need to add my bank account? The reason why it is necessary to link your bank account to your Squareme account is to enable you to withdraw funds directly from your Squareme wallet to your bank account. We do not allow 3rd party transactions ...
Can I break the lock-in period before it ends?
Yes, you can break the lock-in period before the allocated duration ends. However, a penalty fee will be deducted from your locked funds for early withdrawal.