Withdrawing cryptocurrency from your wallet to an external wallet or another exchange is simple, but it’s important to do it safely and with the right information.
This article explains how to withdraw your crypto securely, how network fees work, and what minimum withdrawal limits apply.
What is a crypto withdrawal?
A crypto withdrawal is the process of transferring cryptocurrency from your Paybis account to an external wallet or another exchange.
Once your withdrawal is confirmed on the blockchain, the funds belong entirely to the receiving wallet.
⚠️ Crypto transactions are irreversible once sent. Always double-check wallet addresses and network details before confirming your withdrawal.
Supported networks and choosing the right one
Many cryptocurrencies are available on multiple blockchain networks (for example, USDT can exist on Ethereum, Tron, or Binance Smart Chain).
Choosing the correct network is crucial. Sending funds to an incompatible network can result in permanent loss.
When withdrawing:
Select the same network that your destination wallet supports.
Always verify the network symbol and name (e.g., ERC20 = Ethereum, TRC20 = Tron).
If you’re unsure, check your wallet provider’s documentation or contact their support.
Minimum withdrawal amounts
Each cryptocurrency wallet and coin has a minimum withdrawal amount. This ensures the transaction can be successfully processed on the blockchain.
You can view the specific limits directly in your wallet interface. Minimum amounts may change due to blockchain network conditions or provider updates. Please refer to your wallet provider for help.
Network fees explained
Every crypto transaction requires a network fee (also known as a miner or gas fee).
This fee is paid to the blockchain network, not to Paybis, and ensures your transaction is processed securely.
What affects network fees:
Blockchain demand (higher traffic = higher fees)
Type of network (Ethereum fees are often higher than Tron or BSC)
Transaction complexity and size
You’ll always see the estimated fee and total amount received before confirming your withdrawal regardless of your wallet provider.
Steps to withdraw crypto safely
Go to your wallet dashboard and select the cryptocurrency you want to withdraw.
Depending on provider, Click “Withdraw” or "Send" and enter your destination wallet address.
Select the correct network — it must match the receiving wallet's network.
Enter the withdrawal amount and review the applicable fee and minimum.
Double-check all details before confirming (address, network, and amount).
Confirm and verify the withdrawal using any required security steps (e.g., 2FA, email confirmation).
After processing, you’ll receive an email confirmation and can track the transaction using the blockchain’s transaction ID (Hash ID).
Security tips
Copy and paste wallet addresses instead of typing them manually.
Verify the first and last characters of the address before sending.
Avoid using public Wi-Fi when making withdrawals.
Beware of phishing websites always access safe links and websites to avoid financial loss.
Enable two-factor authentication (2FA) for an extra layer of protection.
Processing times
Withdrawal times depend on the blockchain network and confirmation requirements.
Most withdrawals are processed within a few minutes, but during periods of high network activity, confirmations may take longer.
| Network | Average Processing Time | Notes |
|---|---|---|
| BTC | 10–60 minutes | Depends on network load. |
| ETH / ERC20 | 5–15 minutes | Gas fees affect confirmation speed. |
| TRC20 / BEP20 | 1–5 minutes | Usually faster and lower cost. |
Need help with a withdrawal?
If your withdrawal is delayed, pending, or incorrect or you have general questions, please contact our Support team. Our team is available 24/7 to help resolve your issue quickly.