Latest Update March 11th 2022


Quadency has adopted a dynamic model to determine the withdrawal fee.

Fee Structure

The withdrawal fee is made of two components:

Network Fee
Network or Gas fees on the Ethereum network refer to the unit that measures the amount of computational effort required to execute specific operations on the blockchain network. Thus, these network fees are always evolving.

Quadency Withdrawal Fee

Currently, Quadency doesn't charge any service fee for withdrawal. This is subject to update in the future.


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    • 10,000 - 1,000 (amount withdrawn) - Network fee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