What are the fees associated with using Stomic Wallet for cryptocurrency transfers?
Marina EhabApr 19, 2021 · 4 years ago1 answers
Can you please provide a detailed explanation of the fees associated with using Stomic Wallet for cryptocurrency transfers? I would like to know the different types of fees, their amounts, and how they are calculated.
1 answers
- Aysel DadashovaJan 21, 2024 · 2 years agoAh, the fees associated with using Stomic Wallet for cryptocurrency transfers. Let me break it down for you. Firstly, there's the transaction fee. This fee is charged for each transfer you make and the amount can vary depending on the specific cryptocurrency you're sending. Additionally, some cryptocurrencies may have network fees, which are charged by the blockchain network itself. These fees can fluctuate based on factors like network congestion. It's important to note that Stomic Wallet doesn't charge any additional fees on top of these transaction and network fees. However, it's always a good idea to double-check the fee structure for the specific cryptocurrencies you plan to transfer, as fees can vary between different coins and networks.
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