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Additionally, the subscription for the blockchain service is updated dynamically. This implies that the transaction fees and other associated costs may change over time based on network congestion, market conditions, or updates to the platform's fee structure. This dynamic updating ensures that users have access to the most current information regarding transaction costs, enabling them to plan and budget accordingly.
All fees on UI should have ' ~ ' sign.
Information in hover about transaction fees should warn the user that the fee represents current moment data, and may change by the time the platform will receive his incoming transaction / send outgoing transaction.
Overall, the user interface provides clear and transparent information regarding transaction fees across different forms of interaction with the blockchain service, empowering users to make well-informed decisions about their financial transactions within the platform.
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This field will display the actual fee for transactions in the main coin of the blockchain network.
It will also show the equivalent fee in the platform's key currency and transaction currency, providing users with a clear understanding of the transaction costs in both currencies.Users will have the option to use the blockchain fee in on-chain swap operations, enabling them to pay the transaction fee directly in the blockchain's native
currencyThe amount of current fee should be taken from the blockchain.
Recommended Configurations for Currency Payment Interface:
Deposit Operations:
Zero platform fee: Users will not be charged any additional fees by the platform for depositing funds.Collect
Charge blockchain fees from users: Users will be responsible for covering the transaction fee in the main coin of the blockchain network when making depositsfor collection from generated deposit address/proxy address to platform’s wallet, in currency of deposit instead of blockchain's native currency (equivalent).
Withdrawal Operations:
Low platform commission: The platform will charge a minimal commission for withdrawal operations.
Collect Charge current fluctuating blockchain fees fee from users: Similar to deposit operations, users will pay the transaction fee in the currency of withdrawal instead of blockchain's native currency when withdrawing funds (equivalent).
Recommended Configurations for On-Chain Swap:
Low platform commission for exchange: The platform will apply a reduced commission for facilitating on-chain swap transactions.
Collect Charge blockchain fees from users: Users engaging in on-chain swaps will bear the cost of the transaction fee in the main coin of the blockchain networkfees for collection and payout.
By implementing these configurations, the currency payment interface ensures transparency regarding transaction fees and provides users with flexibility in managing their transactions. Users can choose to pay the blockchain fee directly in the native currency of the blockchain, and the platform applies minimal fees or commissions for its services, enhancing user experience and trust in the platform.