Are there any withdrawal fees?

Quadency does not charge separate withdrawal fees

Quadency Customer Service avatar
Written by Quadency Customer Service
Updated over a week ago

Quadency does NOT charge any service fees for withdrawals.

The withdrawal fee is determined directly by the Network Fee (or Gas Fee) on the Ethereum network. Since this fee is based on the amount of computational effort required to execute specific operations on the blockchain, these network fees very based on demand.
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Fee Calculation

When withdrawing from your Quadency account, the fee will be charged directly to your Quadency account and the amount specified will be sent in full to your withdrawal address.


Example

If you have 10,000 QUAD in your Quadency account and wish to withdraw 1,000. Your balance will be as-is:

  • Quadency account: 9,000 QUAD - minus Network fee equivalent in QUAD

    • 10,000 - 1,000 (amount withdrawn) - Network fee

  • Withdrawal address: 1,000 QUAD

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