1. Deposits Are Fee-Free
Depositing digital assets into your account incurs no transaction fees. Fees are solely borne by the withdrawing party.
Example:
- Withdrawing assets from Platform A triggers a withdrawal fee.
- Receiving deposits (from others or your personal wallets) does not incur fees.
⚠️ Note:
- Deposits below the minimum amount (specified on the deposit page) will fail.
- Some tokens allow recovery of failed deposits, but this incurs additional fees. Contact platform support for assistance.
2. Withdrawal Fees Explained
Withdrawal fees compensate blockchain miners (Gas Fee) for processing transactions, not the platform.
Example:
- Withdrawing via Ethereum requires miners to validate and add your transaction to the blockchain, consuming computational resources—hence the fee.
ℹ️ Fee currency/amount varies by network and is displayed during withdrawal.
3. Fee Calculation Criteria
Network fees fluctuate dynamically. Key rules:
- One fee per transaction, paid by the withdrawer.
- Actual received amount = Withdrawal amount - Fee.
Factors influencing fees:
- Transaction complexity (more computations = higher fees).
- Higher fees prioritize faster miner processing.
4. Adjusting Received Amount
Users can modify withdrawal quantities to account for fees:
Example:
Withdrawing 4U with a 1U fee:
- Enable 【Modify Received Amount】 to set desired receipt to 4U.
- System auto-adjusts withdrawal to 5U (4U + 1U fee).
Impact of Fee Settings:
- Higher fees → Faster processing.
- Lower fees → Longer delays.
FAQs
Q1: Why do I pay fees only on withdrawals?
A1: Blockchains charge miners for processing outbound transactions, not inbound deposits.
Q2: Can I avoid withdrawal fees?
A2: No—fees are mandatory for blockchain validation.
Q3: How are Ethereum Gas Fees determined?
A3: By network congestion and transaction complexity.
👉 Learn how to optimize crypto transactions
Q4: What if my deposit fails?
A4: Check if it meets the minimum amount. Recovery may incur extra costs.
Q5: Why does fee priority affect speed?
A5: Miners prioritize higher-paying transactions for faster inclusion.
👉 Master fee management strategies
### SEO Keywords:
- Withdrawal fees
- Deposit rules
- Gas Fee
- Blockchain transactions
- Crypto withdrawal
- Miner fees
- Ethereum fees