What are crypto withdrawal fees?
A "Transaction fee" or "Network fee" will be incurred while making the withdrawal transactions to crypto addresses outside of ApolloX. This fee is not paid to ApolloX but miners or validators, who are responsible for processing the transactions and securing the respective blockchain network.
ApolloX will pay these fees to the miners to ensure that all the transactions are smoothly processed. Since transaction fees are dynamic, it will be adjusted from time to time according to the current network conditions. As the fee amount is based on an estimate of the network transaction fees, it will fluctuate without notice due to factors such as network congestion.
Users can check the most updated fee listed on each withdrawal page.
Is there a minimum withdrawal amount?
There is a minimum amount for each withdrawal request, and please ensure that your withdrawal amount is not smaller than the minimum amount. You can refer to the Deposits & Withdrawal Fees page to check the minimum withdrawal amount and transaction fees of each cryptocurrency. However, please take note that the fees may fluctuate without notice due to network congestion.
On the Deposit & Withdrawal Fees page, users can find the current transaction fees charged and the minimum withdrawal amount, as per picture below.
Note: Please do not select the cheapest fee option while choosing a network. You must select the network that is compatible with the withdrawal address. For example, if the address you are withdrawing to is an ERC20 address, you must select the ERC20 option too while making the withdrawal. If you select the wrong network, your funds will be lost.