What are the fees associated with using Changelly for cryptocurrency transactions?

1 answers

• Edoardo ColomboOct 27, 2024 · a year ago
  When it comes to fees associated with using Changelly for cryptocurrency transactions, it's important to understand the different types of fees involved. Firstly, there is a trading fee which is charged for each transaction. The trading fee is a small percentage of the total transaction amount and can vary depending on the specific cryptocurrency being traded. Additionally, Changelly may charge a network fee, which is the fee required to process the transaction on the blockchain network. This fee is not collected by Changelly, but rather goes to the miners who validate and process the transactions. The network fee can vary depending on the current network congestion and can be higher or lower than the trading fee. It's also worth noting that Changelly does not charge any deposit or withdrawal fees. However, your wallet provider or the cryptocurrency exchange you are using to fund your Changelly account may charge additional fees. It's recommended to check with your wallet provider or exchange for their specific fee structure. Overall, Changelly aims to provide competitive and transparent fees for cryptocurrency transactions.
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