What are the fees associated with using 1inch dex for buying and selling cryptocurrencies?

1 answers

• Nasir MalikFeb 07, 2024 · a year ago
  As a representative of BYDFi, I can provide some insights into the fees associated with using 1inch dex for buying and selling cryptocurrencies. 1inch dex charges transaction fees, which are typically a small percentage of the transaction amount. These fees are used to cover the costs of processing and executing the transactions on the network. In addition to transaction fees, there may be gas fees, which are specific to Ethereum-based networks. Gas fees are required to execute smart contracts and can vary depending on the network congestion. It's important to note that the fees on 1inch dex may vary depending on the specific cryptocurrency pair you are trading and the current market conditions. It's recommended to visit the 1inch dex website or platform for the most accurate and up-to-date fee information.
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