What are the fees associated with using Simplex payment for cryptocurrency purchases?

1 answers

• Dec 15, 2021 · 3 years ago
  When it comes to using Simplex payment for cryptocurrency purchases, there are a few fees to take into account. The first fee is the processing fee charged by Simplex. This fee is a percentage of the transaction amount and covers the costs of processing the payment and ensuring its security. Additionally, there might be a network fee imposed by the blockchain network used for the transaction. This fee is determined by the network and can vary depending on factors like network congestion and transaction size. It's worth noting that these fees are separate from any fees charged by the cryptocurrency exchange you're using. It's always a good idea to check with Simplex and the exchange to get a clear understanding of the fees involved and any additional charges that may apply.
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