How is a minimum limit for a crypto withdrawal determined (calculated)?

To make a withdrawal transfer, the variable withdrawal fee should be paid. This fee is charged to cover the withdrawal costs of tokens associated with the use of a particular blockchain (inter alia, costs for miners’ remuneration). The fee itself is dynamic and depends on the network load. We set the minimum value of a crypto withdrawal 2-3 times higher than the variable withdrawal fee in order to make sure that withdrawal losses don’t go above 50% of the whole withdrawal amount.

Was this article helpful?
1 out of 2 found this helpful
Have more questions? Submit a request