MyCointainer strives to stay as transparent as possible on the fee structure. Also, please note that fees are sometimes subject to change due to network changes over which MyCointainer has limited or no control.

MyCointainer does not charge fees for making a deposit, however, network fees may be accrued during the transaction - this fee does not go to MyCointainer.

In addition, a network fee will be charged following the deposit of ERC20 assets like SNX, CTSI, LOOM, etc., to enable the transfer of the deposited asset from a user’s MyCointainer account to our main node to initiate the staking. The network charge/fee is determined by the current Ethereum network or gas fees.

Note: The fees will be charged from the deposited asset if the user does not have ETH to cater for it.

You can check out the minimum deposit amount and fees for bank transfers here.

Withdrawal fees are calculated by multiplying the percentage fees by the amount withdrawn plus the constant “CONST”.

For example, Algorand has a withdrawal fee (WF) percentage of 0.29% and a CONST of 1 ALGO

If a user intends to withdraw 500 ALGO,

WF = (500 x 0.29%) + 1 ALGO

WF = 1.45 + 1 ALGO

WF = 2.45 ALGO.

Note: Network or gas fees are not determined by MyCointainer, and it’s calculated and charged when the transaction is made based on the current network or gas fees.

You can check out withdrawal fees with the minimum withdrawn amount here.

This is the charge accrued for staking an asset on our platform, and it’s normally displayed as a percentage. This fee projects the estimated annual staking fees for a particular asset.

The staking fee for each asset is displayed on our staking page, accessible on the left menu of the dashboard. Staking Page

The reward fee is the daily charge on each reward or earning from staking an asset.

In case you have further questions regarding our fees and pricing, don’t hesitate to reach out to our Support Team