Does Mudrex charge any fee on crypto withdrawals?

There are two kinds of fees charged on a cryptocurrency withdrawal on Mudrex.
  • Network Fee - Cryptocurrency withdrawals do incur a network cost. This fee is not paid to Mudrex but to miners or validators, who are responsible for processing the transactions and securing the respective blockchain network.
  • Mudrex platform fee - Currently Mudrex charges a nominal fee of $2 on each crypto withdrawal. But starting May 5th, 2023, we will be implementing a fee of 2% on each withdrawal transaction where the minimum fee will be $0.5 and the maximum fee will be $10 for all users. This fee helps cover the costs of maintaining the platform’s infrastructure and security, accessing liquidity providers, complying with regulatory requirements (Anti-Money Laundering (AML) and Know-Your-Customer (KYC) Compliance), and encouraging responsible usage.
The final amount shown on your transaction page includes the Network fee as well as the Mudrex platform fee.
For any other query, please raise a ticket!
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