Upbit adjusts withdrawal fees for 22 digital assets, including ETH

IconCryptoNewsTerminal Staff22 Aug, 2024

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Upbit adjusts withdrawal fees for 22 digital assets, including ETH

Upbit, one of the world's leading cryptocurrency exchanges, has announced that it will adjust the withdrawal fees for 22 digital assets from 2 PM on August 23rd. The affected assets include: ETH SHIB CTSI AAVE The full list of affected assets can be found on Upbit's website. The withdrawal fees for these assets will be adjusted based on market conditions and network fees. Upbit says that the fee adjustment is intended to "ensure the stability and sustainability of our platform." This is not the first time that Upbit has adjusted its withdrawal fees. In the past, the exchange has also adjusted the fees for BTC, LTC, and XRP. Withdrawal fees are an important consideration for crypto traders, as they can eat into profits. It is important to compare the withdrawal fees of different exchanges before making a decision on where to trade.