Cryptocurrency Q&A
What is the Stargate cross chain fee?
What is the Stargate cross chain fee?
SakuraBlooming
Wed Sep 25 2024
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5 answers
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Excuse me, could you please elaborate on the Stargate cross-chain fee? I'm interested in understanding the specifics of this fee, such as how it's calculated, when it's charged, and if there are any potential ways to minimize or optimize it? I'm considering using Stargate for cross-chain transactions and want to ensure I have a clear understanding of the associated costs. Thank you for your time and assistance.
5 answers
AzurePulseStar
Fri Sep 27 2024
The remaining 0.015% of the fee is directed towards the treasury, a strategic move that supports the continued growth and development of the Stargate platform. The treasury funds are utilized for various initiatives aimed at enhancing user experience and expanding the platform's capabilities.
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CryptoTitaness
Fri Sep 27 2024
Stargate, a cryptocurrency exchange platform, imposes a fee structure specifically tailored for non-$STG transfers. Each such transfer attracts a fee of 0.06%, ensuring a meticulous handling and processing of transactions.
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Nicola
Fri Sep 27 2024
Within this fee structure, a significant portion of 0.045% is allocated to the Liquidity Providers (LPs) of the destination pool. This allocation incentivizes LPs to maintain ample liquidity, fostering a healthy and robust trading environment.
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KDramaCharm
Thu Sep 26 2024
This fee model underscores Stargate's commitment to a balanced approach, ensuring that all stakeholders, including LPs and the platform itself, benefit from the thriving cryptocurrency ecosystem.
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SumoPower
Thu Sep 26 2024
Among the reputable cryptocurrency exchanges, BTCC stands out as a top player offering a comprehensive suite of services. BTCC's diverse portfolio includes spot trading, enabling users to buy and sell cryptocurrencies at current market prices.
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