# Fees & Pricing

### **How are gas fees handled on Terrace?**

Gas required for on-chain transactions is bundled into the transaction in the currency used for the transaction. You never have to worry about having enough gas in your wallet!

### **How does Terrace calculate fees?**

Terrace uses a volume-based fee structure for determining its trading fees. Fees will be taken from all incoming and outgoing transactions, excluding wallet transfers. Your fees will be determined on a rolling 30-day basis. Your 30-day volume needs to be consistent in order to retain your fee tier. Your volume is the sum of your past 30-days of trading activity. Please see the [VIP Tiers](https://docs.terrace.fi/faq/vip-tiers) section for further details. 

### **Does Terrace charge deposit or withdrawal fees?**

Terrace does not charge internal deposit fees. Withdrawal fees consist of network gas costs, which are shown before you confirm a withdrawal.

### **Are there network fees on withdrawals?**

Yes. When withdrawing funds, you must pay network gas fees. These vary depending on the blockchain and will be displayed prior to confirmation.