Fees News

Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.

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A crypto wallet says it offers discounted fees to buy crypto with credit cards, making it easier for users to purchase and withdraw digital currencies.
Crypto Wallet Unveils New Features and Plans for Black Friday Discount
Connor Blenkinsop
2019-11-28T08:26:00+00:00
1474
News
ShapeShift cryptocurrency exchange has launched new tokens that enable holders to trade on the exchange with no fees.
ShapeShift Cryptocurrency Exchange Launches FOX Token for New Trading Scheme
Helen Partz
2019-11-20T18:38:00+00:00
2408
News
The combined value of block rewards and transaction fees has likely already passed $15 billion, according to recent data.
Bitcoin Thermocap Approaches $15B as Miners Hit $1B in Fee Revenue
William Suberg
2019-10-31T07:12:00+00:00
2862
News
An SEC document reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to list Blockstack.
Binance Lists Blockstack for $250,000 ‘Long-Term Payment’
Adrian Zmudzinski
2019-10-28T17:44:00+00:00
5750
News
Bitstamp sparked two transactions involving almost $2 billion, which attracted total fees of under $200.
Bitcoin Network Transfers $1 Billion ‘For Price of a Cup of Coffee’
William Suberg
2019-10-15T08:39:00+01:00
4491
News
Over 200 financial institutions on RippleNet will have access to Finastra’s network of banks, allowing customers to partner with each other.
Finastra Joins RippleNet to Support Cheaper Cross-Border Payments
Helen Partz
2019-10-09T14:40:00+01:00
2266
News
Encrypted messaging service Telegram has published the terms of service for its native cryptocurrency wallet Grams Wallet.
5 Things to Know About Grams Wallet’s Terms of Use Before GRM Launch
Helen Partz
2019-10-08T15:59:00+01:00
3657
News
United States-based crypto exchange Coinbase announces another trading fees increase on its professional platform Coinbase Pro.
Coinbase Pro’s Fees Surge 233% for ‘Lower-Volume’ Users, Whale Fees Drop
Helen Partz
2019-10-04T13:47:00+01:00
6927

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