Network fees are paid to the miners/network to write transactions to the blockchain. Each time you send funds to an external cryptocurrency wallet, a small network fee is paid to facilitate the wallet transfer.
Important Notes:
- The fees only apply when sending funds from your Coins.ph wallet to an external wallet. There are no fees to receive cryptocurrency transfers in your Coins.ph wallet.
- These fees do not go to Coins.ph; these fees go to the miners/network for processing the transaction.
- The transaction cost may sometimes increase due to higher than usual network load.
Our team monitors these rates closely and updates fees periodically to remain competitive.