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What are the fees associated with using CoinPayment for digital currency transactions?

avatarMihajlo ZivkovicDec 25, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with using CoinPayment for digital currency transactions? I would like to understand the costs involved before using their services.

What are the fees associated with using CoinPayment for digital currency transactions?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    Of course! When it comes to using CoinPayment for digital currency transactions, there are a few fees involved. Firstly, there's the transaction fee. This fee is a small percentage of the total transaction amount and is used to cover the costs of processing and validating the transaction on the blockchain network. Additionally, CoinPayment may charge a network fee, which is a fixed amount that helps cover the expenses of transferring the digital currency across the network. It's important to note that these fees can vary depending on the specific digital currency being used and the current network congestion. To get the most accurate and up-to-date fee information, it's best to visit the CoinPayment website or contact their customer support.