What are the fees associated with using Terra?
The fees associated with using Terra depend on the type of transaction being made.
For example, when transferring Terra coins, the fee is 0.1%. When exchanging Terra coins for other currencies, the fee is 0.
2%. When buying or selling Terra coins on an exchange, the fee is 0.25%.
Additionally, when staking Terra coins, there is a network fee of 0.1% of the total amount staked. Finally, when using the Terra blockchain to make payments or send transactions, there is a network fee of 0.
1% of the total amount sent.
AI created text. No guarantee for the correctness of the content.
