Introduction

This article explains how withdrawal fees work on Coinlocally and why they vary depending on the asset and blockchain network. Understanding these fees helps you choose the most suitable network for your transaction.

Withdrawal fees on Coinlocally

Coinlocally charges a small withdrawal fee for each transaction. This fee is not paid to Coinlocally. Instead, it goes directly to miners or validators who process transactions and secure the blockchain network.

The fee amount depends on:

• The coin or token you are withdrawing
• The blockchain network you select
• Current network conditions (e.g., congestion)

You can always see the exact withdrawal fee in the withdrawal window before confirming your transaction.

Additional notes

• Fees may fluctuate based on network activity.
• Choosing a different network (if supported) may reduce the fee.
• Coinlocally does not profit from withdrawal fees; they are required for blockchain processing.

Common issues

• High fees: Some networks (like Ethereum during congestion) may have higher gas fees.
• Unsupported network: Selecting an unsupported chain may result in failed or lost withdrawals.
• Insufficient balance: If your balance doesn’t cover both the withdrawal amount and the fee, the transaction cannot proceed.

Feeling lost?

If you’re unsure which network to choose or your withdrawal fee looks unusual, our support team is available 24/7 to guide you and help you complete your transaction safely.

Updated on: 01/18/2026