What are the fees associated with using StellarTerm for buying and selling cryptocurrencies?

2 answers

• Dec 15, 2021 · 3 years ago
  As an expert in the field, I can tell you that when using StellarTerm for buying and selling cryptocurrencies, there are fees involved. These fees include a trading fee, which is a small percentage of the total transaction amount. The exact percentage varies depending on the specific cryptocurrency being traded. Additionally, there may be network fees associated with transferring funds to and from StellarTerm. These fees are determined by the Stellar network and are used to incentivize validators to process transactions. It's important to compare fees across different exchanges to ensure you are getting the best deal. In terms of additional fees or hidden charges, StellarTerm is transparent about its fee structure and does not impose any hidden charges. However, users should be aware of potential network fees and any fees associated with depositing or withdrawing funds from their own wallets.
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• Dec 15, 2021 · 3 years ago
  The fees associated with using StellarTerm for buying and selling cryptocurrencies are as follows: there is a trading fee for each transaction, which is a small percentage of the total transaction amount. This fee varies depending on the specific cryptocurrency being traded. In addition to the trading fee, there may be network fees associated with transferring funds to and from StellarTerm. These network fees are determined by the Stellar network and are used to incentivize validators to process transactions. It's important to compare fees across different exchanges to ensure you are getting the best deal. As for additional fees or hidden charges, StellarTerm is transparent about its fee structure and does not impose any hidden charges. However, users should be aware of potential network fees and any fees associated with depositing or withdrawing funds from their own wallets.
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