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Are there any additional fees for withdrawing funds from Polymarket?

avatarMohammed abdDec 26, 2021 · 3 years ago3 answers

Can you tell me if there are any extra charges when withdrawing funds from Polymarket? I want to make sure I understand all the fees involved before I proceed with any withdrawals.

Are there any additional fees for withdrawing funds from Polymarket?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees associated with withdrawing funds from Polymarket. The exact amount depends on the cryptocurrency you are withdrawing. Polymarket charges a network fee to cover the cost of processing the transaction on the blockchain. This fee is deducted from the total amount you are withdrawing. It's important to note that the network fee is not fixed and may vary depending on the current network congestion and gas fees. Make sure to check the fee schedule on Polymarket's website or contact their customer support for the most up-to-date information.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Polymarket does charge fees for withdrawing funds. The fees are determined by the blockchain network and can vary depending on the cryptocurrency you are withdrawing. It's always a good idea to double-check the current fee schedule on Polymarket's website to ensure you have the most accurate information. Keep in mind that these fees are not set by Polymarket, but rather by the network itself.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are additional fees for withdrawing funds from Polymarket. However, the fees are not set by Polymarket but rather by the blockchain network. The fees can vary depending on the cryptocurrency you are withdrawing and the current network congestion. It's always a good idea to check the fee schedule on Polymarket's website or contact their customer support for the most up-to-date information. Remember to consider these fees when planning your withdrawals to avoid any surprises.