Cryptocurrency Q&A
What does fixed fee mean?
What does fixed fee mean?
Martino
Mon Sep 09 2024
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5
answers
1276
Excuse me, could you please clarify what is meant by the term "fixed fee" in the context of cryptocurrency and finance? I'm curious to understand if it refers to a predetermined amount of money or cryptocurrency that is charged for a specific service or transaction, regardless of the value or complexity of the transaction. Is this a common practice in the industry, and if so, how does it compare to other fee structures like percentage-based fees?
