What are the network fees and who does it go to?

Home Finsai Exchange Fees What are the network fees and who does it go to?

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Are there any costs for holding cryptocurrencies in my Finsai account?
What if I can’t see the fees taken from my transactions?
Is there a fee for using Finsai’s Convert feature?
How can I check my current trading fee level?
Does Finsai have a fee tier system?
How can I pay for fees on Finsai?
Can fees be paid using different cryptocurrencies?
How can I check the fees that I’ve paid?
Are there different fees for retail and institutional customers?
Are there fees for API usage?
Is there a fee for canceling an order?
What are the network fees and who does it go to?
Does Finsai Crypto Exchange charge a fee for transferring assets between Finsai accounts?
What fees does Finsai Crypto Exchange charge for trading?
Does Finsai Crypto Exchange charge fees for account inactivity?
Are the fees different for each cryptocurrency?
What if I disagree with a fee that’s been charged?
What are the fees for using Finsai Convert?
Does Finsai Crypto Exchange offer any fee discounts?
Are there any hidden fees I should be aware of?
Do I have to pay fees if my order was not filled?
What does it mean to be a ‘maker’ or a ‘taker’?
How often are fees charged?
Are there any fees for depositing or withdrawing fiat currency?
Are there fees for depositing or withdrawing funds?

Network fees, also known as miner or blockchain fees, are paid to the miners who validate transactions on the blockchain. These fees are not collected by Finsai, but rather they support the underlying network of the specific cryptocurrency.

What are the network fees and who does it go to?

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