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I just heard there’s a 10% mtl cash out fee,

Is that true ?

So you get taxed on the gems to start with just to use the app

Then when you sell the collectible you get taxed 2.5-8.5% based on the brand... then 10% if you want to cash out ? Then tax to the government on any gains made ? Makes no sense

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Bro you have to realise, the wanna squeeze you like a lemon. Nobody gives away money in this world.

Jesus that’s grim

ICE_ BARRAGE 🧙‍♂️- Автор вопроса
TheoM
Bro you have to realise, the wanna squeeze you lik...

Well that’s what I thought with the in app tax when you sell a item, but some of it gets burnt so ehh.. but 10% on mtl, is just pissing in our pocket interoperability/ just being able to store our own nfts in our own wallet, needs to happen and utility for the token within the app also🙏🏽 this is a solution for this mtl tax situation, that way normies can cash out and we can use crypto

ICE_ BARRAGE 🧙‍♂️
Well that’s what I thought with the in app tax whe...

Hah for cold storing and interoperability happy 2023-2024 brother. At least 1 part of me is happy for veve making it hard for everyone to dump at the same time 🤣

Well tbh this kinda of makes sense when GOOGLE PLAY and APPLE STORE take 30% when u buy gems. Don't want the company going bust before u cash out.

Makes sense, it was never designed to be the cheapest system, only thr convenient one for those who don't use crypto. NFT > OMI > Exchange will be the cheaper alternative

I really hope its only 10%

Where did you hear this and what else was explained about the MTL?

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