Withdrawal Requirements and Associated Fees
Each withdrawal from your LCX account is subject to a minimum amount and may incur an address setup fee or withdrawal fee for specific cryptocurrencies. If the amount requested for withdrawal falls below the designated minimum, the funds will not be deducted from your account. Below is a detailed list highlighting the exceptions, along with a summary of the minimum withdrawal amounts and any applicable fees.
Token Network Fees and Minimum Withdrawal Amounts
– **BTC (Bitcoin)**: Minimum withdrawal amount is 0.000096 BTC with a network fee of 0.00001 BTC for standard transactions and 0.000001 BTC for Lightning transactions.
– **ETH (Ethereum)**: The network fee is 0.0004 ETH, with a minimum withdrawal requirement of 0.0026 ETH.
– **LCX (Ethereum)**: A minimum withdrawal of 75 LCX is required with a network fee of 12 LCX.
– **APEX (Ethereum)**: You need to withdraw at least 4.506 APEX, with a network fee of 0.71 APEX.
– **WLFI (Ethereum)**: The minimum withdrawal is set at 47.727 WLFI, with a fee of 7.5 WLFI.
– **LBAI (Ethereum)**: A hefty minimum of 381,125.227 LBAI is required with a network fee of 59,891.11 LBAI.
– **ETHFI (Ethereum)**: The minimum is 6.774 ETHFI with a fee of 1.06 ETHFI.
– **SYRUP (Ethereum)**: Requires a minimum of 26.923 SYRUP and has a network fee of 4.23 SYRUP.
– **CHEX (Ethereum)**: The minimum withdrawal is set at 116.667 CHEX with a fee of 18.33 CHEX.
Numerous other tokens, including ATH, W, REACT, and LDO, have their own specific minimum withdrawal amounts and associated network fees, varying widely across the board. For example, LDO requires a minimum withdrawal of 9.459 LDO with a fee of 1.49 LDO, while REACT has a minimum of 131.25 REACT with a fee of 21.
Comprehensive Fee Schedule
A complete list of fees is available on the LCX website, and users are advised to check their accounts for the latest information. It’s important to note that these fees are subject to change without prior notice, so users are encouraged to verify the current figures directly in their LCX accounts. Also, there is a special mention for NMKR, where a fee of 5 ADA applies, but 2 ADA will be refunded to users.
For real-time updates regarding fees, users are directed to check the LCX exchange platform.
