What are crypto withdrawal fees?
Withdrawal transactions to crypto addresses outside of Pionex typically incur a “transaction fee” or “network fee”. This fee is not paid to Pionex but to miners or validators, who are responsible for processing the transactions and securing the respective blockchain network.
Pionex must pay these fees to miners to ensure that transactions are processed. Since transaction fees are dynamic, you will be charged according to the current network conditions. The fee amount is based on an estimate of the network transaction fees and can fluctuate without notice due to factors such as network congestion. Please 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. If the amount is too little, you won’t be able to request a withdrawal. You can refer to the Withdrawal Fees page(Pionex does not charge deposit fees) to check the minimum withdrawal amount and transaction fees of each cryptocurrency. However, please note that the minimum withdrawal amount and fees can change without notice due to unforeseeable factors, such as network congestion.
You can also find the current transaction fees charged on the withdrawal page.
Please note that the minimum withdrawal amount and transaction fees will change depending on the network you are using.
Please make sure you select the correct network. If the address you are withdrawing to is an ERC20 address (Ethereum blockchain), you must select the ERC20 option before making the withdrawal. DO NOT select the cheapest fee option. You must select the network that is compatible with the withdrawal address. If you select the wrong network, you will lose your funds.