Are there any fees associated with Tornado Cash?

3 answers

• Nov 28, 2021 · 3 years ago
  Yes, there are fees associated with using Tornado Cash. When you deposit your cryptocurrency into the Tornado Cash smart contract, you will need to pay a small transaction fee to cover the gas cost on the Ethereum network. The fee amount depends on the current network congestion and gas prices. Additionally, when you withdraw your funds from Tornado Cash, there is also a fee involved. This fee is used to incentivize the anonymity set and ensure the privacy of the transactions. The fee amount for withdrawals is typically higher than the deposit fee. It's important to consider these fees when using Tornado Cash to ensure you are aware of the costs involved.
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• Nov 28, 2021 · 3 years ago
  Absolutely! Tornado Cash charges fees for both deposits and withdrawals. The deposit fee is relatively low and covers the gas cost on the Ethereum network. However, the withdrawal fee is higher as it contributes to the anonymity set and helps maintain the privacy of the transactions. It's important to note that the fees are subject to change based on network congestion and gas prices. Therefore, it's advisable to check the current fee structure before using Tornado Cash.
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• Nov 28, 2021 · 3 years ago
  Yes, there are fees associated with Tornado Cash. When you deposit your cryptocurrency into Tornado Cash, you will need to pay a small fee to cover the gas cost on the Ethereum network. The fee amount varies depending on the network congestion and gas prices. As for withdrawals, there is also a fee involved, which is higher compared to the deposit fee. This fee contributes to the anonymity set and ensures the privacy of the transactions. It's important to consider these fees when using Tornado Cash to make informed decisions about your transactions.
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