What are the fees associated with buying and selling cryptocurrencies on Swan Bitcoin?
shigeMay 12, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees involved when buying and selling cryptocurrencies on Swan Bitcoin? How do these fees compare to other exchanges?
1 answers
- May 12, 2022 · 3 years agoWhen it comes to buying and selling cryptocurrencies on Swan Bitcoin, you'll encounter some fees. Swan Bitcoin is known for its competitive fee structure, which includes a transaction fee and network fees. The transaction fee is a small percentage of the total transaction amount and is used to cover the costs of processing your trade on the blockchain. Network fees, on the other hand, are charged by the blockchain network itself and can vary depending on the network congestion and the size of your transaction. Swan Bitcoin strives to keep its fees transparent and competitive, so it's worth comparing them with other exchanges to ensure you're getting the best deal.
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