Handling fee for transferring currency from imtoken wallet to other exchanges

Using the imToken wallet to transfer coins to other exchanges requires a network fee. The specific fee is affected by the following factors: network congestion, transfer amount, and transaction type. The specific handling fee varies according to different exchanges. For example, Binance is 0.0005 BTC or 0.01 ETH, and Huobi is 0.001 BTC or 0.005 ETH.

Handling fee for transferring currency from imToken wallet to other exchanges

When using imToken wallet to transfer currency to other exchanges, usually A certain network handling fee needs to be paid, which is charged by the blockchain network. The specific fee depends on the following factors:

Network congestion level

When the network is congested, miners or validators will prioritize transactions that pay higher fees. Therefore, fees may be higher when the network is congested.

Transfer amount

The larger the transfer amount, the more network resources are required and the handling fee may be higher.

Transaction Type

Different blockchain networks charge different fee structures. For example, fees on the Ethereum network are based on gas price, while fees on the Bitcoin network are based on transaction byte size.

Specific handling fee

imToken will dynamically adjust the handling fee based on the above factors. The following are the estimated handling fees when transferring coins to different exchanges:

• Binance: 0.0005 BTC / 0.01 ETH
• Huobi: 0.001 BTC / 0.005 ETH
• OKEx: 0.0005 BTC / 0.005 ETH
• Coinbase: 0.0005 BTC / 0.005 ETH

Note: These fees are for reference only, actual fees may vary due to the above factors. It is recommended to check the current handling fee displayed in imToken before transferring money.

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