How Fast and Affordable Are Withdrawals on dFans?
Update by: Nov 21
dFans is a decentralized subscription platform designed for global creators. Its decentralized nature eliminates strict review processes and offers faster withdrawals with significantly lower fees. This is one of the key reasons creators choose dFans — decentralization ensures fairness, transparency, and security.
However, for creators new to dFans, they may not yet realize how fast withdrawals can be or how low the costs are compared to traditional platforms. Let’s break it down with some concrete examples.
Withdrawal Fees:
dFans leverages USDT (a blockchain-based stablecoin) for settling payments, enabling low-cost and high-efficiency withdrawals. Here’s the breakdown of dFans’ withdrawal fee structure:
1. USD to USDT Conversion Fee:
- Third-party payment processors convert fans’ USD payments into USDT and charge a 0.9% fee.
- Additionally, the payment processor incurs a bank transfer fee of $40 per transaction, which is currently absorbed by dFans.
2. USDT Withdrawal Gas Fee:
- When creators withdraw USDT, a blockchain miner (Gas) fee applies. dFans charges a flat $1 Gas fee per transaction.
- Total Withdrawal Cost: Creators only pay a flat $1 Gas fee per withdrawal, with no hidden charges.
Comparing Other Platforms:
Here’s how dFans stacks up against other popular creator platforms:
- OnlyFans:
- Creators can withdraw daily, but bank transfer fees typically range from $30 to $50 depending on the region. Additionally, OnlyFans takes a 20% revenue cut.
- Fanvue:
- Fanvue charges a lower platform fee of 15%, but bank transfer costs are usually around $30 per withdrawal.
- Fansly:
- Similar to OnlyFans, Fansly charges a 20% revenue cut, and bank transfer fees range from $30 to $50.
Illustrative Comparison:
| Platform | Withdrawal Fees | Platform Revenue Cut | Other Costs |
|---|---|---|---|
| dFans | $1 Gas Fee | 0% | No hidden fees |
| OnlyFans | $30-＄50 | 20% | Varies by region |
| Fanvue | $30 | 15% | Varies by region |
| Fansly | $30-＄50 | 20% | Varies by region |
Withdrawal Speeds:
Withdrawal speed is a top priority for creators. Here’s how dFans performs compared to other platforms:
1. dFans Withdrawal Speed:
- Blockchain technology ensures withdrawals are processed directly on-chain, typically completing within 5–10 seconds.
2. Other Platforms:
- OnlyFans: Bank transfers take 1–5 business days.
- Fanvue: Funds are held for a 7-day clearance period, followed by a bank transfer that takes 1–5 business days.
- Fansly: Similar to Fanvue, with a 7-day hold period plus 1–5 business days for processing.
Illustrative Comparison:
| Platform | Withdrawal Fees | Minimum Withdrawal Amount |
|---|---|---|
| dFans | 5-10 seconds | No minimum |
| OnlyFans | 1-5 business days | $20 |
| Fanvue | 7 days + 1-5days | $20-＄50 |
| Fansly | 7 days + 1-5days | $50 |
Addressing Creator Concerns:
While dFans excels in speed and affordability, the adoption of USDT (a blockchain stablecoin) still faces challenges in certain regions. Some creators may not be familiar with converting USDT to their local currencies for everyday use.
dFans’ Solutions:
- dFans is actively developing partnerships to help creators seamlessly convert USDT to local currencies through centralized exchanges or other solutions.
- Additionally, dFans provides detailed tutorials and customer support to ensure all creators can navigate these processes smoothly.
A Decentralized Future:
- dFans not only outperforms traditional creator platforms in withdrawal speed and cost but also eliminates the common frustrations of high fees, platform cuts, and slow processing times. We believe that a decentralized creator economy is the future, and dFans is here to provide every creator with the freedom, security, and transparency they deserve.
Join dFans, and step into the future. Make your creative journey smoother, and your income clearer!