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What are network fees?

The fee paid to the blockchain (not to Coinwaka) to process a transfer.

A network fee (or "gas" fee) is paid to the blockchain's validators to process your transaction. It is not a Coinwaka fee, it goes to the network.

  • Fees rise when a network is busy.
  • Different networks cost different amounts (e.g. sending USDT on TRON is usually cheaper than on Ethereum).
  • When you withdraw, the network fee is shown before you confirm.

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