Are there any fees associated with using the shiba wallet app to send or receive digital assets?

3 answers

• diogo valenteNov 01, 2021 · 4 years ago
  Yes, there are fees associated with using the shiba wallet app to send or receive digital assets. The fees vary depending on the type of transaction and the network congestion. Generally, the fees are calculated based on the size of the transaction and the current network fees. It's important to note that these fees are not charged by the shiba wallet app itself, but by the underlying blockchain network. You can check the current fees before making a transaction to ensure you are aware of the costs involved.
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• PriyanshaJul 25, 2024 · a year ago
  Absolutely! When using the shiba wallet app to send or receive digital assets, you will encounter transaction fees. These fees are necessary to ensure the security and efficiency of the blockchain network. The fees can vary depending on the network congestion and the size of the transaction. It's always a good idea to check the current fees before making any transactions to avoid any surprises.
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• John SteenFeb 13, 2024 · 2 years ago
  Yes, there are fees associated with using the shiba wallet app to send or receive digital assets. However, the exact fees can vary depending on the network and the specific digital asset you are transacting with. It's recommended to check the shiba wallet app or the official website for the most up-to-date fee information. Additionally, keep in mind that transaction fees are a standard practice in the cryptocurrency world, and they help incentivize miners to process and validate transactions on the blockchain network.
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