The network fees applied to your order depend on whether you Swap to and from your Private Key Wallet or your Trading Account.
Below is a table illustrating the network fees applied to a BTC -> ETH Swap. Please note that all network fees are paid to the network miners/validators, not Blockchain.com, and that network fees may be more pronounced on trades involving ETH and Ethereum-based ERC20 tokens like USDT or USDP.
|
Wallets/Accounts |
Network Fees |
|
BTC Private Key Wallet -> ETH Private Key Wallet |
BTC Network Fee & ETH Network Fee |
|
BTC Private Key Wallet -> ETH Trading Acount |
BTC Network Fee Only |
|
BTC Trading Account -> ETH Trading Account |
No Network Fees |
Why am I being charged network fees?
Network fees help to make sure cryptocurrency transactions confirm. These fees go to miners or network validators as a reward for validating transactions. Swap uses priority fees to ensure the fastest possible on-chain settlement.
Blockchain.com has no control over the current network fees. These are dependent on conditions of the network at the time of Swapping.
Network fees are different from the spread added to your swap order.
For all transactions, Blockchain.com applies a spread to the open market rate to create the user’s quoted price. Please note that the spread can fluctuate between orders due to market conditions.
We will always show you the quoted price before you place the order.