What are the fees associated with creating and maintaining an EOS account for digital currency transactions?

1 answers

• Rezzak 11Feb 11, 2024 · a year ago
  Creating and maintaining an EOS account for digital currency transactions involves a few different fees. First, there's the account creation fee, which covers the cost of setting up your account on the EOS blockchain. This fee can vary depending on the platform or exchange you use. Additionally, there may be network resource fees, which are required for performing transactions on the EOS network. These fees are typically paid in EOS tokens and can vary based on the complexity and size of the transaction. Lastly, there may be ongoing maintenance fees to keep your account active and secure. These fees are usually minimal and help support the infrastructure of the EOS network. It's important to note that the specific fees can vary depending on the platform or exchange you choose to create and maintain your EOS account.
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