Network Fees

The user is charged a Network Transaction Fee or Network Fee whenever they send cryptocurrency from their address to another address.

While using Cion Digital solutions, the user's customers, i.e., the buyers and borrowers, are charged the Network fee while depositing the crypto to Cion Digital's wallet.

The actual fee the customer pays varies according to the network used. For example, a Bitcoin transaction has a different fee than trades on the Ethereum network.