Fees & Limits

Withdrawal fees, conversion limits, and processing details for the Arcanite Exchange.

Understanding the fee structure and limits helps you optimize your Arcanite to ARC conversions.


Fee Structure

Withdrawal Fees

Fees vary based on withdrawal speed and are 100% burned (permanently removed from supply):

Withdrawal TypeFeeDestination
Instant3%Burned
1 Week Lock2%Burned
2 Week Lock2%Burned

The higher instant fee further incentivizes patient withdrawals while contributing more to token deflation.

Examples:

Instant withdrawal of 1,000 Arcanite at 100% account rate:

  • Base: 1,000 ÷ 100 = 10 ARC × 50% (instant rate) = 5 ARC
  • 3% fee = 0.15 ARC burned
  • You receive: 4.85 ARC

2-week lock withdrawal of 1,000 Arcanite at 100% account rate:

  • Base: 1,000 ÷ 100 = 10 ARC × 100% (2-week rate) = 10 ARC
  • 2% fee = 0.2 ARC burned
  • You receive: 9.8 ARC

Note

All withdrawal fees are burned, not collected. This reduces total ARC supply over time, benefiting all token holders through deflation.

Blockchain Gas Fees

Fee TypeAmountPaid By
Gas FeeVariableUser

Gas fees are required to process the blockchain transaction:

  • Paid in ETH (or native chain token)
  • Amount varies based on network congestion
  • Not controlled by Arcania

Typical Gas Costs:

Network ConditionApproximate Cost
Low congestion$1-3
Normal$3-10
High congestion$10-50+

Tip

Convert during low-activity periods (weekends, early mornings UTC) for lower gas fees.


Weekly Conversion Caps

Caps prevent large-scale extraction and are Oracle-adjusted within published ranges:

Verification LevelNormal CapStressedGrowingHard Range
Basic (Email + Captcha + Wallet)10,0005,00015,0005k-15k
KYC Verified20,00010,00025,00010k-25k

Cap Details

  • Caps reset every Monday at 00:00 UTC
  • Unused cap does not roll over
  • Time-locked conversions count toward the week they're initiated
  • Multiple conversions per week allowed within cap
  • Oracle adjusts caps within hard ranges based on economic health

Note

Complete KYC verification to access higher weekly caps. Cap adjustments are announced 7 days in advance.


Minimum Conversion

RequirementAmount
Minimum per conversion1,000 Arcanite
Minimum ARC received~10 ARC (at 100% rate)

Maximum Conversion

There is no maximum single conversion amount, but:

  • Weekly caps still apply
  • Large conversions may trigger additional verification
  • Conversions over $10,000 equivalent require enhanced KYC

Processing Times

By Withdrawal Type

TypeProcessing TimeWhen You Receive ARC
Instant1-24 hoursSame day (after blockchain confirmation)
1 Week Lock7 daysAfter lock period + blockchain time
2 Week Lock14 daysAfter lock period + blockchain time

Processing Stages

  1. Initiated - Conversion request submitted
  2. Locked - Arcanite deducted, timer starts (if time-locked)
  3. Processing - Lock complete, preparing blockchain transaction
  4. Confirming - Transaction submitted, awaiting confirmations
  5. Complete - ARC in your wallet

Note

Blockchain confirmations typically take 5-15 minutes after the processing stage begins.


Cancellation Policy

Before Lock Completion

ActionResult
CancelFull Arcanite refund, no fees
ModifyNot allowed (cancel and restart)

After Lock Completion

ActionResult
CancelNot possible once processing begins
ModifyNot possible

Warning

Once a conversion enters "Processing" stage, it cannot be cancelled. The transaction will complete.


Fee Comparison: Time-Lock Options

For a 1,000 Arcanite conversion at 100% account rate:

OptionRateBase ARCFee %Fee AmountNet ARC
Instant50%5 ARC3%-0.154.85 ARC
1 Week75%7.5 ARC2%-0.157.35 ARC
2 Week100%10 ARC2%-0.209.8 ARC

Patience premium: 2-week lock yields 102% more ARC than instant for the same Arcanite.


Tax Considerations

Warning

Disclaimer: This is not tax advice. Consult a qualified tax professional for your jurisdiction.

ARC Token conversions may be taxable events depending on your location:

EventPotential Tax Implication
Arcanite → ARC conversionMay be taxable income
ARC sale for fiatCapital gains/losses may apply
ARC staking rewardsMay be taxable income

Recommended:

  • Keep records of all conversions
  • Note conversion dates and ARC amounts
  • Track fair market value at time of conversion
  • Consult local tax regulations

Optimizing Your Conversions

Best Practices

  1. Always use 2-week lock unless you urgently need funds
  2. Batch conversions to reduce gas fee impact per ARC
  3. Convert during low gas periods (check gas trackers)
  4. Complete KYC early for 20,000 weekly limit
  5. Max your account rate before large conversions

Worst Practices

  • Instant withdrawals at low account rate (effective rate as low as 20% minus 3% fee)
  • Multiple small conversions (high gas per ARC)
  • Converting during network congestion
  • Rushing conversions before reaching higher levels
  • Converting right before weekly cap reset (unused cap doesn't roll over)