Cryptocurrency Q&A
What does base use for fees?
What does base use for fees?
Margherita
Fri Feb 14 2025
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5
answers
1023
I'm curious about the fees charged by BASE. I want to know what they use as the basis for these fees and how they are calculated. Are they based on transaction size, account balance, or some other criteria?
5 answers
Martina
Sun Feb 16 2025
Keeping it straightforward, every transaction conducted on Base involves two types of costs.
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SumoStrength
Sat Feb 15 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to various needs. These services encompass spot trading, futures trading, and wallet management, among others.
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BitcoinWarrior
Sat Feb 15 2025
The first cost is the L2 fee, which represents the expense incurred for executing a transaction on the Layer 2 network.
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Martino
Sat Feb 15 2025
The second cost is the L1 fee, which serves as an estimation of the amount it takes to publish the transaction onto the Layer 1 blockchain.
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GyeongjuGlory
Sat Feb 15 2025
It's worth noting that typically, the L1 fees are higher in comparison to the L2 execution fee.
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