What are the fees associated with using Loopring?
The fees associated with using Loopring depend on the type of transaction being conducted.
For example, when trading on the Loopring Exchange, users are charged a 0.30% fee for each trade. This fee is split between the maker and taker of the trade, with each party paying 0.
15%. In addition to trading fees, users may also be charged a withdrawal fee when withdrawing funds from their Loopring wallet. This fee is currently set at 0.
10%, and is used to cover the cost of gas associated with processing the withdrawal transaction on the Ethereum blockchain. Finally, users may also be charged a network fee when transferring funds between wallets or exchanges. This fee is determined by the Ethereum network and can vary depending on network congestion and other factors.
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