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?
5 answers
EthereumLegendGuard
Tue Nov 12 2024
The fees associated with tBTC are determined by the actions performed by users.
CryptoProphet
Mon Nov 11 2024
Specifically, when a user mints or redeems tBTC through the bridge, they are charged a fee.
Eleonora
Mon Nov 11 2024
Currently, the mint fee stands at 0%, meaning users do not have to pay anything to mint tBTC.
Dario
Mon Nov 11 2024
However, the redemption fee is set at 0.2%, which users need to pay when they redeem their tBTC.
CoinPrince
Mon Nov 11 2024
It is worth noting that these bridge fees are not static and can be altered through the governance process.