SafeCoin Docs
  • Introduction
  • Get Started
    • Acquiring $SAFE
    • Storing $SAFE
    • Transaction Fees
  • Staking
    • General Staking Information
    • Staking Requirements
    • Staking Setup
    • Staking Benefits
  • Validating
    • General Validating Information
    • Requirements
    • Validator Setup
    • Rewards & Voting Process
  • SafeCoin FAQ
    • Staking FAQ
    • Validator FAQ
  • Guides
    • Validator Identity
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  1. Get Started

Transaction Fees

Every time a transaction happens on any blockchain network, a small fee is charged to process that transaction. Half of that fee gets paid to the computer that processes the transaction (called a validator - more on this later), and the other half gets burned as a deflationary mechanism, increasing the likelihood of holding and price stability.

Currently, transaction fees for SAFE are extremely low compared to other currencies. and come in at 0.0001 $SAFE

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Last updated 3 years ago