Crypto Asset Deposit & Withdrawal Fee
Type | Fee | Limit |
---|---|---|
Deposits | CoinByte take no charge, but there will be a network fee charged by the place that you are depositing from (for example, the applicable blockchain network or the other exchange). | There is no limit on deposits. |
Withdrawals | CoinByte take no charge, but there will be a network fee charged by blockchain network itself. CoinByte will deduct the fee from your Crypto Asset to pay the blockchain network fee. | Daily maximum: $50k AUD equivalent |
💡 Explanation: Any fees are charged by the network. CoinByte does not impose additional fees for crypto deposits or withdrawals.Please refer to the Withdrawal Network Fees article for more information.
💡 Network fees are paid directly to miners and validators who are responsible for verifying transactions on that network.
These fees are determined by the blockchain network on which the transaction is occurring and can change without notice due to:
- The size of the withdrawal
- Congestion on the network at the time
- The network being used