Fees
Blockswap's fee's are straight forward and transparent.
There is a "Platform fee" which is detailed below and the "Protocol fees" come from the Chainflip networks quotes and are included into the estimated output amount you receive.
Platform Fees
All users of Blockswap start out at the Sparkle ✨ level and increase to higher tiers as they earn more points, as you progress your fee's are reduced.
Tier
Points
Platform Fee Reduction
Platform Fee
Sparkle ✨
0
0%
0.15%
Electron ⚛️
50,000
10%
0.135%
Lightning Bolt ⚡
500,000
33.33%
0.1%
Thunderstorm ⛈️
1,000,000
66.66%
0.05%
Protocol Fees
These are dictated by the Chainflip network and depends on network conditions and liquidity.
Further information - coming soon
Last updated