Cryptocurrency Q&A What are the fees for TBTC?

What are the fees for TBTC?

Arianna Arianna Thu Nov 14 2024 | 6 answers 1211
I want to know about the fees charged for TBTC. Specifically, I'm looking for information on the various costs associated with using or transacting in TBTC. What are the fees for TBTC?

6 answers

ethan_thompson_psychologist ethan_thompson_psychologist Sat Nov 16 2024
This fee is not retained by any individual or organization but is instead paid to the Threshold Network DAO.

Was this helpful?

185
63
DigitalDynastyQueen DigitalDynastyQueen Sat Nov 16 2024
The Threshold Network DAO is a decentralized autonomous organization that oversees the operations of the Threshold Network.

Was this helpful?

248
38
Stefano Stefano Sat Nov 16 2024
Minting tBTC involves a fee structure that is essential for the operation and maintenance of the process.

Was this helpful?

187
49
VoyagerSoul VoyagerSoul Sat Nov 16 2024
By paying this fee, users contribute to the sustainability and growth of the Threshold Network, ensuring that the minting process remains efficient and secure.

Was this helpful?

115
99
CryptoKing CryptoKing Sat Nov 16 2024
Currently, the fee for minting tBTC stands at 0.2% of the total amount being minted.

Was this helpful?

150
50
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts