When withdrawing USDT, the amount received in your external wallet may be slightly less than the amount requested. This difference is usually due to the blockchain network fee, also called a gas fee.
Withdrawal Amount Calculation
If you request a withdrawal of 500 USDT and the applicable network fee is 1.5 USDT:
500 USDT − 1.5 USDT Network Fee = 498.5 USDT Received
Who Receives the Network Fee
OnRake does not charge, collect or profit from blockchain network fees.
These fees are determined by the blockchain and paid to the validators or miners responsible for processing and confirming transactions.
Blockchain network fees are separate from any platform-related charges.
Changes in Network Fees
Network fees can increase or decrease depending on:
The selected blockchain network
Current network congestion
The number of transactions being processed
The network's fee structure and transaction capacity
During periods of high activity, network fees may increase. They generally decrease again when network traffic becomes lighter.
Fee Differences Between Networks
Every blockchain uses different technology and fee models. As a result, the cost of transferring USDT may vary across networks.
Ethereum generally has higher transaction fees, while networks such as TRON and Polygon often have lower fees. However, fees may change at any time, and a lower fee is not guaranteed.
Always select a network supported by both OnRake and the receiving wallet.
Network Fee Refunds and Adjustments
Blockchain network fees cannot normally be refunded because they are paid directly to the blockchain to process the transaction.
OnRake cannot reduce or manually adjust the fee charged by the blockchain network.
Before Confirming a Withdrawal
Always check:
The selected network
The receiving wallet address
The applicable network fee
The estimated amount to be received
Transactions sent through an incorrect network or to an incorrect address may be permanently lost.