Multichain Adjusts Cross-Chain Transaction Fees For ETH, USDT, And USDC

Twitter icon  •  Published för 1 år sedan  •  Hassan Maishera

The Multichain team announced via a blog post on Saturday that it has adjusted the cross-chain transaction fee for ETH/USDT/USDC.

The Multichain team announced via a blog post on Saturday that it has adjusted the cross-chain transaction fee for ETH/USDT/USDC. The team said the cross-chain fee for bridging ETH/USDT/USDC to Ethereum is 0.1%, the minimum transaction fee has been reduced from $20 to $4.9, and the maximum transaction fee is $1000. 

Furthermore, the cross-chain fee for bridging ETH/USDT/USDC to BSC, Polygon, and Avalanche is 0.01%, the minimum transaction fee has been reduced from $0.9 to $0.19, and the maximum transaction fee is $1000. Finally, the fixed cross-chain fee for bridging ETH/USDT/USDC to other chains apart from the above-mentioned has been set to $ 0.19. 

Multichain, previously known as Anyswap, is a decentralized cross-chain swap protocol and bridge infrastructure. The Multichain platform supports multiple blockchains, which enables users to swap and bridge tokens across numerous chains on one platform.

MULTI, the native token of the Multichain ecosystem, is down by 3% in the last 24 hours and currently trades at $3.23. 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.