Cryptocurrency Q&A
Who is paying the fee, payer or recipient?
Who is paying the fee, payer or recipient?
EchoChaser
Thu Dec 26 2024
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6 answers
1323
I'm trying to figure out who bears the cost in a transaction. Is it the person sending the payment or the one receiving it?
6 answers
Nicola
Sat Dec 28 2024
In financial transactions, money is often transferred between two parties for the exchange of goods or services.
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HanbokGlamourQueen
Fri Dec 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of both payees and payors in the digital asset space. These services include spot trading, futures trading, and wallet management.
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EclipseSeeker
Fri Dec 27 2024
The two primary entities involved in such transactions are the payee and the payor.
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Carlo
Fri Dec 27 2024
The payee refers to the individual or entity that receives the money from the other party.
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Rosalia
Fri Dec 27 2024
Conversely, the payor is the one who initiates the payment and transfers the money to the payee.
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