What are the fees associated with a NEO swap?

3 answers

• Nov 26, 2021 · 3 years ago
  When it comes to NEO swaps, the fees can vary depending on the platform or exchange you use. Some exchanges may charge a fixed fee, while others may charge a percentage of the total amount being swapped. It's important to research and compare different platforms to find the one with the most competitive fees. Additionally, keep in mind that there may be network fees associated with the NEO blockchain itself, which are separate from the exchange fees.
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• Nov 26, 2021 · 3 years ago
  The fees associated with a NEO swap can be categorized into two types: transaction fees and network fees. Transaction fees are charged by the exchange or platform facilitating the swap and can vary from platform to platform. Network fees, on the other hand, are charged by the NEO blockchain for processing the transaction. These fees are typically paid in GAS, the native cryptocurrency of the NEO network. It's important to consider both types of fees when evaluating the overall cost of a NEO swap.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers competitive fees for NEO swaps. The platform charges a fixed fee of 0.1% for each swap, regardless of the amount being exchanged. This fee covers both the transaction fee and the network fee. BYDFi also provides a transparent fee structure, allowing users to easily calculate the cost of their swaps. If you're looking for a reliable and cost-effective option for NEO swaps, BYDFi is definitely worth considering.
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