Cryptocurrency Q&A What is the fee for tBTC bridge?

What is the fee for tBTC bridge?

DavidLee DavidLee Sun Nov 10 2024 | 5 answers 1358
I am curious about the cost associated with using the tBTC bridge. Could you please inform me about the fee required for utilizing this service? What is the fee for tBTC bridge?

5 answers

EthereumLegendGuard EthereumLegendGuard Tue Nov 12 2024
The fees associated with tBTC are determined by the actions performed by users.

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CryptoProphet CryptoProphet Mon Nov 11 2024
Specifically, when a user mints or redeems tBTC through the bridge, they are charged a fee.

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Eleonora Eleonora Mon Nov 11 2024
Currently, the mint fee stands at 0%, meaning users do not have to pay anything to mint tBTC.

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Dario Dario Mon Nov 11 2024
However, the redemption fee is set at 0.2%, which users need to pay when they redeem their tBTC.

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CoinPrince CoinPrince Mon Nov 11 2024
It is worth noting that these bridge fees are not static and can be altered through the governance process.

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