Reminder: BTC and ETH network fees remain extremely low, despite all turbulences

More people than ever take self-custody of their crypto right now. Still from time to time people say their positions are too small to withdraw. While this was a valid excuse last year, it isn't today though.

The Bitcoin mempool gets cleared at least every few hours. This means even transactions at 1 sat/vB get confirmed within short time. That's less than 0.03$ per standard transaction (1 input, 2 outputs).

Even the ETH fees are at 16 gwei while I'm writing this. This correspond to a fee of 0.40$ for a ETH transfer, and 1$ for a token transfer.

Other networks are in general even cheaper than these two.

Even though hw-wallets are prefered, for small amounts hot wallets can be an acceptable way to store your crypto. For maximum security you can even delete the wallet from the PC while it's not used as long as you have and keep the seed stored well.

So despite all turbulences on the market, getting your crypto out of exchanges is as cheap as it can get, and there is no valid excuse to not withdraw even smaller amounts.