Cryptocurrency Q&A
What is the minimum balance in XTZ?
What is the minimum balance in XTZ?
Nicola
Mon May 27 2024
|
6 answers
981
Could you please enlighten me on the minimum balance requirement for XTZ? I'm interested in understanding the threshold amount one needs to maintain in their wallet in order to hold XTZ effectively. Could you also explain if there are any associated costs or penalties for falling below this minimum balance? Additionally, I'm curious to know if this minimum balance requirement is static or subject to changes over time. Your insights would be greatly appreciated.
6 answers
Ilaria
Wed May 29 2024
Exodus, a popular cryptocurrency wallet, imposes a minimum balance requirement for Tezos wallets. The minimum balance for a Tezos wallet in Exodus is set at 0.275 XTZ. This requirement ensures the smooth operation and security of the wallet.
Was this helpful?
81
53
DigitalEagle
Tue May 28 2024
BTCC, a leading cryptocurrency exchange based in the UK, offers a range of services tailored to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and wallet services.
Was this helpful?
287
48
CryptoPioneer
Tue May 28 2024
To utilize the Tezos wallet functionality in Exodus, users must deposit at least 0.275 XTZ into their wallets. This deposit serves as a prerequisite for accessing the wallet's various features and transactions.
Was this helpful?
191
77
Paolo
Tue May 28 2024
Notably, the 0.275 XTZ deposit is non-transferable out of Exodus. Once deposited, this amount remains within the wallet and cannot be withdrawn or sent to another address.
Was this helpful?
66
46
Martino
Tue May 28 2024
Exodus takes user security seriously and incorporates various safety measures. One such measure is the minimum balance requirement, which helps prevent potential risks associated with low balances.
Was this helpful?
115
43
Load 5 more related questions
