Network Fees
How BEEM calculates the network fees charged on outbound crypto payouts.
Network fees — often called transaction fees — are payments made to the miners or validators that process transactions on a blockchain network. When a transaction is initiated, it is sent to the network for validation. Miners and validators, who maintain the network's integrity, prioritise transactions based on the fees attached to them: higher fees typically result in faster processing.
BEEM's approach to network fees
To keep network fees transparent and fair, BEEM assesses market data regularly and sets a balanced fee based on market averages — rather than passing through short-term volatility, spikes, and temporary fluctuations in live network pricing. The result is a predictable fee that does not swing with every movement in on-chain pricing.
Temporary fluctuationsTemporary fluctuations are rapid, significant increases in network fees ("spikes") or rapid, significant decreases ("drops"). If such fluctuations occur, BEEM reserves the right to adjust network fees at any time in response.
When network fees are charged
Network fees are charged exclusively on digital asset payouts — transactions that move cryptocurrency out of a BEEM wallet to an external blockchain address. Deposits into a wallet do not incur a network fee.
Current network fees
BEEM aims to charge network fees slightly below the market average to avoid overcharging. (Week starting 08 June 2026)
| Network | Average network cost (€) | Network fee charged (€) |
|---|---|---|
| BNB | 0.01 | 0.00 |
| BTC | 1.38 | 1.24 |
| ETH | 0.12 | 0.11 |
| LTC | 0.00 | 0.00 |
| POLYGON | 0.00 | 0.00 |
| TRX | 3.68 | 3.31 |
| BASE | 0.01 | 0.00 |
| SOLANA | 0.00 | 0.00 |
| ARBITRUM | 0.00 | 0.00 |
Why network fees differ across blockchains
Network fees vary significantly between blockchains, driven by several factors:
- Network demand — higher demand for transaction processing raises fees, as more users compete for limited block space.
- Consensus mechanism — blockchains use different consensus mechanisms (such as Proof of Work or Proof of Stake), which affect the cost and speed of validation.
- Network efficiency — some blockchains are designed with optimisations that reduce the cost per transaction.
- Transaction complexity — larger or more complex transactions cost more. A smart contract interaction typically costs more than a simple token transfer.