How to Avoid High Fees When Moving Crypto

Understand the two fees

There are network fees paid to miners or validators, and withdrawal fees charged by exchanges. Both vary over time.

Time your transactions

Network fees rise when a network is congested. Transacting during quieter periods can reduce the fee significantly.

Choose the right network

Some assets can travel on multiple networks. Using a cheaper network, such as a layer 2, can dramatically cut costs.

Batch withdrawals

Withdraw larger amounts less often rather than many small amounts, since some exchanges charge a flat fee per withdrawal.

Compare providers

Different exchanges charge different withdrawal fees. Shopping around can save money on regular transfers.

Bottom line

A little planning around timing, network choice and batching can keep your fees low.