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    Author Topic: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin.  (Read 488241 times)
    Call_Me_Bambi
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    April 22, 2018, 06:55:26 PM
     #6901

    I want to ask what does it means " Please note: a 0.012 XMR transaction fee will apply when processing "On-Demand" manual payments ". Is there automatic payments with no transaction fee? And Minimum Cashout: 0.062 XMR ?

    tl;dr
    A 0.012 XMR fee is applied for any Monero withdrawal.

    "On-Demand" manual payments:
    What this means is that the least amount of XMR you can withdraw is 0.062 XMR, there will be a fee of 0.012 XMR so you will get 0.050 XMR.
    The fee is the same no matter how much you withdraw, so if you withdraw 10.012 XMR you will get 10.000 XMR.

    "Automatic Payout Threshold":
    The fee structure is the same as for "On-Demand" so if you set it to 100.00 XMR you will get 99.988 XMR.
    Now the minimum for Auto-Payout seems to be 0.05 (see below) but the fee will still be 0.012 XMR.

    Quote from the XMR Wallet page on Auto-Payout.
    "0.05-5000000 XMR. Set to '0' for no auto payout. A 0.012 XMR TX fee will apply"

    The Monero fees are quite large, especially for small withdrawals, so mine lots before withdrawal or Auto-Exchange to a coin with low fees, such as Verge.


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