A Temporary Increase on Withdrawal Fees of ERC-20 Tokens

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