Dear VirgoCX Users,
We have noticed a huge increase in the Ethereum network gas fee recently.
1) Gwei has exceeded 400
2) One ERC-20 USDT withdrawal gas fee can cost more than 150 USD value.
Unfortunately, we have to temporarily increase the ERC-20 version of tokens withdrawal fee and will reduce the fee to a normal level once the network is more stabilized.
We do encourage all users to choose non-ERC-20 tokens to withdraw USDT for now. For example, please choose OMNI USDT or other blockchain-based tokens instead of ERC-20 USDT
We are looking to add TRC-20 USDT very soon and please stay tight for future announcements.
2021/05/12
VirgoCX support team
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