Miner fees, commonly known as transfer fees, are an incentive for miners to mine.
Miner fees are determined by the Gas Price (unit price) and the Gas Limit (amount) consumed.
The calculation formula is: Transfer fee/Gas fee/Miner fee = Gas Limit * Gas Price
The amount of Gas Limit is mainly affected by the complexity of the operation based on the content of the smart contract. The more complex the operation, the higher the Gas Limit.
The Gas Price is set by the sender. The higher the Gas Price set by the sender, the faster the transaction initiated by the sender can be confirmed in the blockchain.
The gas fee for ETH is ETH; The gas fee for BSC is BNB; The gas fee for Polygon is MATIC; The gas fee for KCC is KCS.
Gas can be returned if it is not used up.
The gas fee charged by the transfer network will vary according to the network conditions. Once the transfer is confirmed, the gas fee cannot be refunded regardless of whether the transfer is successful or not.
The miner fee is charged by the transfer network you choose, and KuCoin Wallet does not charge any fees!
The only official website of KuCoin Wallet is https://kuwallet.com/ .
About KuCoin Wallet
KuCoin Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. With the security expertise of KuCoin and the leading security technology audited by Hacken, KuCoin Wallet is a self-custody wallet with users having full control of their assets. KuCoin Wallet provides the easiest way for users to manage multi-chain assets and enables them to buy, store and view NFT collections directly within the wallet. KuCoin Wallet is a gateway to the world of Web3 for all crypto users.