What are the fees associated with trading on Pangolin Exchange?
Rojas EdmondsonDec 29, 2021 · 3 years ago3 answers
Can you provide more details about the fees charged for trading on Pangolin Exchange? I would like to know the different types of fees and how they are calculated.
3 answers
- Dec 29, 2021 · 3 years agoSure! When trading on Pangolin Exchange, you will encounter two types of fees: transaction fees and gas fees. Transaction fees are charged for each trade you make and are calculated as a percentage of the total transaction amount. The exact percentage depends on your trading volume and can range from 0.1% to 0.2%. Gas fees, on the other hand, are associated with the Ethereum network and are required to process your transactions. These fees are determined by the network congestion and the complexity of the transaction. It's important to note that gas fees are paid in Ethereum (ETH) and are separate from the transaction fees charged by Pangolin Exchange. Make sure to consider both types of fees when trading on the platform to accurately calculate your costs.
- Dec 29, 2021 · 3 years agoAlright, let's talk about the fees on Pangolin Exchange! When you trade on the platform, you'll encounter transaction fees and gas fees. Transaction fees are a small percentage of your trade amount and can vary depending on your trading volume. The more you trade, the lower the fee percentage. As for gas fees, they are associated with the Ethereum network and are required to process your trades. These fees can fluctuate depending on network congestion and the complexity of your transactions. It's important to keep in mind that gas fees are paid in Ethereum (ETH) and are separate from the transaction fees charged by Pangolin Exchange. So, make sure to factor in both types of fees when planning your trades.
- Dec 29, 2021 · 3 years agoWhen it comes to trading on Pangolin Exchange, there are a couple of fees you need to be aware of. First, there are transaction fees. These fees are charged for each trade you make and are calculated as a percentage of the total transaction amount. The exact percentage depends on your trading volume and can range from 0.1% to 0.2%. Additionally, there are gas fees associated with the Ethereum network. These fees are required to process your transactions and can vary depending on network congestion and the complexity of the transaction. It's important to consider both transaction fees and gas fees when trading on Pangolin Exchange to accurately calculate your costs. Keep in mind that gas fees are paid in Ethereum (ETH) and are separate from the transaction fees charged by the exchange.
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