What are withdrawal fees for?
To send cryptocurrency to external wallets, fees are incurred to ensure that the transactions are processed. The current cost of these fees are shown on the withdrawal page before you decide to push through with your withdrawals, under the Network Fee section.
Withdrawal Fees per Token
Withdrawal fees vary per token and network selected.
Please see the complete list of withdrawal fees on our Fee Rates page.
Network fees are paid to miners/validators to process blockchain transactions. When you send cryptocurrency from your Coins.ph wallet to an external wallet, you pay a small network fee to facilitate the transfer.
Important Notes:
- Fees only apply when sending funds from your Coins.ph wallet to an external wallet.
- There are no fees to receive cryptocurrency in your Coins.ph wallet.
- These fees go directly to the blockchain network, not to Coins.ph.
Frequently Asked Questions
What are dynamic fees?
For some tokens and networks, fees are calculated in real-time based on several factors:
- activity in the network
- number of transactions in the network waiting for confirmation
- the miner's fees, among other things
You'll see the current fee displayed before confirming your withdrawal.
Why do withdrawal fees change frequently?
Fees adjust based on network congestion, token prices, and blockchain processing costs to ensure transactions are processed efficiently. During periods of high network load, fees may increase.
Are withdrawal fees refundable?
No, blockchain transaction fees are non-refundable once a transaction is processed.