Withdrawal fees cover the network fees (gas fees) required to process your transaction on the blockchain.
How withdrawal fees work:
The fee is deducted from the amount you're withdrawing
The fee varies by cryptocurrency and network
Fees fluctuate based on network congestion
Example:
If you withdraw 1 ETH and the network fee is 0.005 ETH, you'll receive 0.995 ETH in your destination wallet.
We will show you the exact withdrawal fee before you confirm the transaction, so you'll always know what you're paying.