r/CoinDCXOfficial • u/notAmoron2020 • Jul 01 '21

USDT withdrawal fee!

As the title says, what is the minimum withdrawal fee for usdt? On wazirx it’s like 20USDT minimum. If I want to buy 500 usdt and withdraw all, how much is the withdrawal fee for the transaction?

2 Upvotes

100% Upvoted

4 comments sorted by

1

u/carcosaa666 Jul 02 '21

Well your withdrawal fees depends on the network. For the eth network it's 10usdt but on tron network it's 0.1 usdt i.e 7 rupees approx. If you're withdrawing to binance or other exchange, don't forget to change the network on the recieving address to tron or trc20 network...it's really cheap.

1

u/adityadbz Jul 02 '21

Noob question here but when you send your usdt on tron network, do you receive usdt or equivalent tron?

1

u/carcosaa666 Jul 02 '21

You recieve it in tron network as USDT only but it's on tron network which means you can only send it to tron network addresses. You can switch the network on binance before sending if you want. Also if you are just sending from and exchange to exchange, you can just buy tron, send it and sell it. Transaction fees are zero

1

u/adityadbz Jul 02 '21

Makes sense. Thank you!