Skip to main content

Commissions

Updated over 3 months ago

The commission plays an important role in ensuring the functionality of all providers that allow for transfers, including the Swoo app and the blockchain network itself. Typically, the size of the commission in the blockchain depends on the network's congestion. When the network is overloaded, fees can increase to attract more resources and expedite transaction processing. Conversely, if the network is underloaded, fees can be lower.

At the time of writing this article, the lowest fees for available assets in Swoo include LTC, TRX, and DOGE. The minimum amount for coin exchanges in our system is determined by the swap operator and depends on the liquidity of the provider. If your exchange amount does not meet the requirements for a specific coin, you can consider other alternatives in our application, such as USDT, where the minimum exchange threshold is available for your operation.

Note: The actual fee will be calculated at the time of the transaction.

Did this answer your question?