Why do network fees change? Can I choose fee speed?
When sending cryptocurrency on a blockchain network, you may notice that network fees (gas fees) change from time to time. This is completely normal and happens across all crypto platforms, not just Raseed Invest. Below is a clear explanation of why crypto network fees fluctuate and whether you can control transaction speed.
Why do network fees change?
Network fees (also called miner fees or gas fees) are charged by blockchain networks to process and confirm transactions. These fees are not set by Raseed Invest, they are determined by the blockchain itself.
Fees typically vary based on:
Why did I receive less crypto than I sent? (fees deducted)
What fees does Raseed charge for crypto withdrawals?
Can I choose the fee speed on Raseed Invest?
In most cases, Raseed Invest automatically selects an optimal network fee to balance:
- •Transaction speed
- •Cost efficiency
- •Network reliability
This helps ensure your crypto withdrawal is processed smoothly without unnecessary delays or overpaying during congested periods.
Some blockchain networks allow users to manually adjust fee speed (for example: slow, standard, or fast). If this option becomes available on Raseed Invest in the future, it will be clearly shown in the app during the withdrawal process.
What happens if I use a lower network fee?
On networks that support manual fee selection:
- •Lower fees may lead to slower confirmations
- •Transactions can remain pending during congestion
- •In rare cases, transactions may fail and require resubmission
This is why Raseed Invest typically uses recommended network fees to reduce the risk of delays or stuck transactions.
Why did my transaction take longer than expected?
Even with the correct network fee, delays can occur due to:
- •Heavy blockchain traffic
- •Temporary blockchain or wallet maintenance
- •Additional security or compliance checks
How can I reduce network fees?
While you can’t control overall blockchain congestion, you may be able to reduce fees by transferring during periods of lower network activity, when possible.
Need more help?
If you have questions about crypto transaction fees, withdrawal speed, or confirmation times, our support team is always happy to assist.
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