Cryptocurrency Q&A What is the purpose of a fee schedule?

What is the purpose of a fee schedule?

KpopStarlight Thu Sep 12 2024 | 7 answers 1656

Could you please elaborate on the purpose of a fee schedule in the context of cryptocurrency and finance? I understand it outlines various charges associated with transactions or services, but how does it specifically benefit users, exchanges, and the broader ecosystem? Additionally, how does a well-designed fee schedule contribute to the overall efficiency and trustworthiness of the platform? What is the purpose of a fee schedule?

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