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Withdrawal network fees

Crypto Withdrawal Network Fees​

When withdrawing cryptocurrency, network fees are charged by the blockchain network itself. These fees are necessary to process and confirm transactions on the network and vary depending on the specific cryptocurrency and the network's current activity.

Some key points about crypto withdrawal network fees:​

  • Fee Amount: The fee can vary based on the network you are withdrawing on, the current congestion of the network, and the asset you're withdrawing. For example, the fee for withdrawing Bitcoin (BTC) or Ethereum (ETH) may differ.
  • Paid to Miners/Validators: The network fees are paid to miners or validators who process and secure transactions on the blockchain.
  • Fee Transparency: Before you finalize a withdrawal, the system usually displays the network fee, so you know exactly how much will be deducted from your balance.
  • Impact of Network Congestion: During times of high network congestion, fees can increase. It's worth considering withdrawing during periods of lower congestion to save on fees.
  • Fee Responsibility: The network fee is generally borne by the user initiating the withdrawal.

How to check about withdrawal network fees?​

If you're unsure about the fee for a specific withdrawal, please refer to our Crypto withdrawal fee structure.

For the crypto or network which is not listed in this structure, the fees displayed on the transaction page are the ones that apply.