Commission and fees
All crypto-to-crypto transactions are fee-free in the Wallet.
If you receive, send, or exchange cryptocurrencies using the wallet, the only applicable charge is the blockchain fee. Our platform doesnβt take any commission on those transactions.
Note:Β The blockchain fee is not applied if the destination wallet is located within the app.Β
Blockchain transaction fees are part of the incentives given to miners that keep the network running. Fees also offer a layer of protection against malicious behavior and spam.
Blockchain fees depend on several factors:
- Network congestion
- Transaction confirmation times, affected by liquidity providers;
- Transaction size as measured in kilobytes, affected when converting crypto from multiple inputs such as faucet earnings or other micro-transactions.
The fee is automatically set by the Wallet based on the recommended gas price, in order to prioritize the transaction on the blockchain network.Β