Bitcoin mining fee from Exchange doesn't add up

Bitcoin mining fee from Exchange doesn't add up

I've bought some Bitcoin from an Exchange and transferred it out, I won't name the exchange but they advertise no trading fees and no withdrawal fees on cryto other than the mining fee.

During the withdrawal process I selected 0.005 BTC in the mining fee section which is $85 AUD at the time of writing, I did this because I wanted the tx to be processed quickly.

This is the tx cd452f6f8c85d8e0bf5f5868f8cbde7d58b08323c7517a501ffced6ef4b3a5f5

Looking at it on Block Cypher http://ift.tt/2CntQcQ

It appears the blockchain transaction only has a total of 0.002448 BTC in fees? and that's with all the other outputs involved?

Am I getting ripped off? I feel like they've taken 0.005 BTC for the mining fee and they've created the transaction committing less than half of that BTC to the tx?

http://ift.tt/2CklO4O

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