Adjusting Withdrawal Limits Due to Increased Gas Fees

Dann Ball
Dann BallApr 30, 2024
Adjusting Withdrawal Limits Due to Increased Gas Fees

We are adjusting withdrawal limits for all supported cryptocurrencies within the StormX app.

Due to an increase in gas fees we are adjusting the minimum withdrawal threshold for your reward withdrawals. This change allows you to continue using the platform as normal and withdrawing without having to pay any gas fees.

Details on the New Withdrawal Limits:

Starting immediately, the minimum amount required to make a withdrawal has been updated. Users will now need to reach a higher threshold before withdrawing their earned crypto (across the StormX reward platform; Crypto Cashback, Membership Rewards, and Staking Bonus).

For example, where the previous limit was $25, it will now be $50.

$50 for Cryptocurrencies (Bitcoin $BTC, Ethereum $ETH, Litecoin $LTC, DAI $DAI, Dogecoin $DOGE)

$10 for StormX $STMX & Athens $ATH

What This Means for You:

This adjustment ensures the long-term viability of our rewards program and allows us to keep offering free withdrawals, so users avoid paying gas fees.

By accumulating more crypto before withdrawing, users can conduct fewer, larger transactions.

We're here to assist with any queries and we appreciate your understanding as we implement these adjustments.

Thank you for being a part of our community and for your continued support.