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What fees are associated with Swap transactions?

PreviousWhat are market orders and limit orders?NextWhat are fee tiers, and how do you choose the right fee tier?

Last updated 1 year ago

When engaging in transactions on XEI, there are several types of fees that users might encounter:

Trading Fees:

This is a fee charged by the XEI for each swap transaction. It's usually a small percentage of the transaction value. The transaction fees collected are typically used to reward community members who contribute to the platform's development.

Network Fees (Gas Fees):

These are fees paid to blockchain network validators for processing and validating transactions. The amount of this fee can vary greatly depending on the blockchain's current congestion and the complexity of the transaction.

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