Cryptocurrency Q&A
What is the administered fee?
What is the administered fee?
Silvia
Mon Sep 02 2024
|
6
answers
1415
Excuse me, could you kindly elaborate on the term "administered fee"? Is it a specific charge levied by a regulatory body or an exchange platform in the realm of cryptocurrency transactions? How does this fee differ from other transaction fees commonly encountered in this space? Are there any standards or regulations governing the calculation and imposition of this administered fee? Lastly, how might it impact the overall cost and efficiency of cryptocurrency transactions for both buyers and sellers?
