What are the fees like for Simplex? I heard they

Question

Ultra Discussions

Jake From State Farm

What are the fees like for Simplex? I heard they

got reduced

#blockchain #cryptocurrency #english #ultra.io

0

31.10.2021

5 ответов

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Jake From State Farm Автор вопроса

Kris
Yeah they were ridiculous, 20% or something at tim...

Yeah, before I thought 20% was beyond ridiculous. 6% is much more acceptable, but to be honest I hope they can get them a little lower. That will help fuel adoption.

0

31.10.2021

Kris

Jake From State Farm
Yeah, before I thought 20% was beyond ridiculous. ...

Yeah definitely. Once platform is live for public and is getting use will have a much better case to ask for lower fees.

0

31.10.2021

Jake From State Farm Автор вопроса

Kris
Yeah definitely. Once platform is live for public ...

For just starting off, I think 6% is ok until their platform launches. I’m just glad they were receptive to community feedback. That makes me like Ultra even more

0

31.10.2021

Kris

Jake From State Farm
For just starting off, I think 6% is ok until thei...

Yeah and for regular gamers they can buy all their games with CC (and PayPal when implemented). It’s mainly for NFTs they’ll need UOS, and if any of them are crypto savvy they can buy mainnet uos on an exchange and send for tiny fee…or cop the 6%

0

31.10.2021

Kris · Accepted Answer

Kris

Yeah they were ridiculous, 20% or something at times. Down to around 6%, which is still high…but manageable I guess. With use and volume we would have a good case to ask them to reduce further.

0

31.10.2021

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What are the fees like for Simplex? I heard they

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