Withdrawal Fees Explained: Network Fees vs. Flat Fees
Withdrawal fees usually combine two separate charges: a network fee and a flat platform fee. Here's what each one covers and why they're not the same thing.
Depositing crypto onto an exchange, Bitval included, is usually free. Withdrawing it almost never is, and the fee involved is two separate charges combined into one number. Here's what each part covers.
The Network Fee
Every blockchain transaction requires a fee paid to the network itself, not to the exchange, to get processed and confirmed. This fee compensates the validators or miners who process transactions and varies based on network congestion: a busy network costs more to transact on than a quiet one. It also varies by blockchain, since each network prices its own transaction costs differently. An exchange doesn't set this fee; it passes along whatever the network currently charges.
The Flat Platform Fee
On top of the network fee, many exchanges add a flat fee of their own to cover the operational cost of processing withdrawals, including security checks and account verification at the point of withdrawal. Unlike the network fee, this part is set by the platform and should be stated up front rather than buried in a support article.
Why the Total Isn't Always the Same
Because the network fee portion fluctuates with congestion, the total withdrawal cost for the same asset can change from one day to the next even if the platform's flat fee stays constant. This is a normal part of how blockchains work, not a sign that a platform changed its pricing without notice.
What to Check Before Withdrawing
Before withdrawing, check whether the platform shows both components separately or only a single combined number. A platform that breaks down the network fee from its own flat fee makes it easier to tell what you're paying for and to notice if the network fee spikes during high congestion.
How This Works on Bitval
Deposits on Bitval are free. Withdrawals carry the applicable network fee plus a flat platform fee, shown before you confirm the withdrawal so the total is clear ahead of time. If you want to see this breakdown directly, you can check Bitval's withdrawal fees here.
This article is for informational purposes only and does not constitute financial or investment advice.