IBC Network Fee
The Operator and Validator operate the IBC in the Orbit Chain. These two groups generate transactions in the Orbit Chain and the target chain during the transfer of assets. In this case, transaction fees are applied according to the implementation of the Orbit chain and the target chain.
Therefore, the user pays a certain level of fee to the Operator and Validator during the deposit and withdrawal process. Fees are paid differently depending on the rate. The deposit and withdrawal fees are deducted from the total deposit or withdrawal amount.
The fee for a single withdrawal is 1 to 3 USD or the level specified by centralized exchanges. A standard criterion of the fee follows the initial listing, but it can be adjusted by agreement between the Operator and Validator according to the price change of the coin.
No fee
The Ethereum transaction execution fee is used when executing a withdrawal transaction on the Ethereum network.
- Fee: 0.01 ETH
No fee
Ripple is used as an execution fee when executing transactions to withdraw XRP from a multi-sig wallet on the ripple network.
- Fee: 1 XRP
No fee
Fees are used when creating transactions with a new UTXO configuration for withdrawal purposes on the Bitcoin network.
- Fee: 0.0005 BTC
No fee
Withdrawals from Terra Network require fees equal to Tax + Transaction Fee.
- Fee: 1,000 KRW
No fee
The Klaytn transaction execution fee is used when executing a withdrawal transaction on the Klaytn network.
*Klaytn Network currently operates a Fee Payer account for service providers. There is no withdrawal fee for as long as the policy is maintained. If the policy is changed later, a withdrawal fee will be applied.
- Fee: -