How social media platforms could fairly conduct content moderation is gaining attention from society at large. Researchers from HCI and CSCW have investigated whether certain factors could affect how users perceive moderation decisions as fair or unfair. However, little attention has been paid to unpacking or elaborating on the formation processes of users’ perceived (un)fairness from their moderation experiences, especially users who monetize their content. By interviewing 21 for-profit YouTubers (i.e., video content creators), we found three primary ways through which participants assess moderation fairness, including equality across their peers, consistency across moderation decisions and policies, and their voice in algorithmic visibility decision-making processes. Building upon the findings, we discuss how our participants’ fairness perceptions demonstrate a multi-dimensional notion of moderation fairness and how YouTube implements an algorithmic assemblage to moderate YouTubers. We derive transferable design considerations for a fairer moderation system on platforms affording creator monetization.