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What are the fees associated with using crypto com for NFT purchases?

avatarManzar Ahsan RaoDec 22, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees involved when using crypto com for NFT purchases? How much do they charge for transactions and are there any additional fees to be aware of?

What are the fees associated with using crypto com for NFT purchases?

1 answers

  • avatarDec 22, 2021 · 3 years ago
    Using crypto com for NFT purchases comes with certain fees that you should be aware of. Firstly, there is a transaction fee charged by crypto com for each NFT purchase. The exact amount of this fee can vary depending on the specific NFT and the current market conditions. Additionally, there may be gas fees associated with the transaction, which are required to process the transaction on the blockchain. These gas fees can fluctuate based on network demand and can sometimes be quite high during periods of congestion. It's important to factor in these fees when considering NFT purchases on crypto com to ensure you have a clear understanding of the total cost involved. Please note that the fees mentioned here are specific to crypto com and may differ from other platforms or exchanges.