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What are the fees associated with using Novi Wallet for cryptocurrency transactions?

avatarABHIJEET SHAHDec 16, 2021 · 3 years ago1 answers

Can you provide more details about the fees charged when using Novi Wallet for cryptocurrency transactions? I would like to know how much I will be charged for different types of transactions and if there are any additional fees to be aware of.

What are the fees associated with using Novi Wallet for cryptocurrency transactions?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As a representative of BYDFi, I can provide you with information about the fees associated with using Novi Wallet for cryptocurrency transactions. Novi Wallet charges a transaction fee of 1.5% for buying or selling cryptocurrencies. This fee is automatically deducted from the total value of the transaction. Additionally, when transferring cryptocurrencies to another wallet or exchange, there may be network fees involved. These network fees are determined by the blockchain network and can vary depending on the current network congestion. It's important to note that BYDFi does not charge any additional fees for using Novi Wallet. However, please keep in mind that other exchanges or wallets involved in the transaction may have their own fees. BYDFi aims to provide a seamless and cost-effective experience for cryptocurrency transactions through Novi Wallet.