Cryptocurrency Q&A
What is USDT fee?
What is USDT fee?
Sat Jan 11 2025
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7 answers
1522
USDT fee typically refers to the charges associated with transacting in Tether, a stablecoin pegged to the US dollar. These fees can vary depending on the platform or blockchain network used, ranging from a small percentage of the transaction value to a fixed amount. Factors influencing the fee include the type of transaction, network congestion, and the exchange or wallet service provider.
7 answers
Mon Jan 13 2025
The amount of the fee can vary depending on the network's policies and transaction requirements.
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Mon Jan 13 2025
The USDT network fee represents the commission imposed by the network for conducting coin transactions.
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Mon Jan 13 2025
This fee is typically borne by the sender of the transaction.
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Mon Jan 13 2025
However, there are instances where the receiver may be responsible for paying the fee.
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Mon Jan 13 2025
In some cases, both the sender and receiver may share the cost of the network fee.
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