Withdrawal Fees
Withdrawal Fee = Gas Fee + Platform Fee
Gas Fee
The gas fee varies depending on the blockchain you choose. If it's below USD 0.01, we will charge you USD 0.01.
| Blockchain Network | Fees Charged by OwlPay |
|---|---|
| Ethereum | USD 2~15 |
| Avalanche | < USD 0.1 |
| Polygon | < USD 0.1 |
| Optimism | < USD 1 |
| Arbitrum | < USD 1 |
| Stellar | < USD 0.1 |
Platform Fee
The platform fee is 0.35% of the transaction amount (minimum USD 1, maximum USD 10).
Examples
Example 1:
Calculating the withdrawal fee for withdrawing 1,000 USDC from Wallet Pro: (Assuming Ethereum gas fee is USD 4) The platform fee would be USD 3.5 (1,000 USDC * 0.35% (platform fee) = USD 3.5) So, the total withdrawal fee would be approximately USD 7.5 (4 + 3.5).
Example 2:
Calculating the withdrawal fee for withdrawing 10,000 USDC from Wallet Pro: (Assuming Ethereum gas fee is USD 4) The platform fee would be USD 10 (capped at USD 10) So, the total withdrawal fee would be approximately USD 14 (4 + 10).