"Withdrawal fees" or "network fees" are usually incurred when you withdraw coins to an external wallet address. These fees are used to pay the miners or node validators responsible for processing the transaction and securing the corresponding blockchain network.
ApolloX pays these fees to the miners to ensure that all transactions are properly processed on the blockchain. However, since transaction fees are dynamic, ApolloX charges users a fee based on the current network conditions. Please note that since the fee amount is based on estimated network transaction fees, it may be adjusted without notice in response to the current network conditions.
You can view the current fees for a given network by going to the withdrawal request page for that coin.
Minimum Withdrawal Amount
There is a minimum withdrawal limit every time you withdraw crypto, so please make sure the amount of your withdrawal is greater than the minimum.
You can go to the Deposit & Withdrawal Fees page to check the minimum withdrawal limits and transaction fees for each type of cryptocurrency. However, please note that the fees displayed on this page may fluctuate without prior notice based on blockchain network conditions.
You can see the current transaction fees and minimum withdrawal limits on the Deposit & Withdrawal Fees page, as shown below.
Note: Please avoid choosing unsupported networks because they have low fees. You must select a network that is compatible with the external address you are withdrawing to. If your external wallet/exchange account provides you with an ERC20 address, you have to select the ERC20 network to withdraw your crypto. If you choose the wrong network, your funds will be lost.