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Are there any fees involved when using US Tornado Cash for ETH and USDC transactions?

avatarMatthiesen BurtonDec 16, 2021 · 3 years ago3 answers

Can you explain if there are any fees associated with using US Tornado Cash for ETH and USDC transactions? I'm interested in learning more about the costs involved in using this service.

Are there any fees involved when using US Tornado Cash for ETH and USDC transactions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees involved when using US Tornado Cash for ETH and USDC transactions. The fees vary depending on the transaction size and network congestion. It's important to note that these fees are not set by US Tornado Cash, but rather by the Ethereum network. You can check the current fees on the Ethereum network before making a transaction. Keep in mind that fees can fluctuate based on network demand, so it's always a good idea to double-check before proceeding with a transaction.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When using US Tornado Cash for ETH and USDC transactions, you will encounter fees. These fees are determined by the Ethereum network and can vary depending on the current network congestion. It's advisable to check the current fees before initiating a transaction to ensure you are aware of the costs involved. Remember, fees can change over time, so it's essential to stay updated with the latest information.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with using US Tornado Cash for ETH and USDC transactions. However, the exact amount of fees can vary depending on factors such as network congestion and gas prices. It's recommended to check the current fees on the Ethereum network or consult a reliable fee estimation tool before proceeding with your transaction. By staying informed about the fees, you can make more informed decisions and optimize your transaction costs.