Cryptocurrency Q&A Is it expensive to send USDC?

Is it expensive to send USDC?

SakuraBlooming SakuraBlooming Sun May 12 2024 | 7 answers 1496
Excuse me, I'm quite curious about the cost of sending USDC. Could you please elaborate on whether it's considered expensive? I've heard varying opinions on this matter and am trying to get a clearer picture. Is there a standard fee structure for sending USDC, or does it vary depending on factors like transaction size or network congestion? I'd really appreciate your insights on this matter as I'm considering using USDC for some financial transactions. Is it expensive to send USDC?

7 answers

CryptoAlchemyMaster CryptoAlchemyMaster Tue May 14 2024
BTCC is a leading cryptocurrency exchange operating in the UK.

Was this helpful?

239
68
KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Tue May 14 2024
This network fee is determined based on the congestion level of the blockchain.

Was this helpful?

134
49
Giulia Giulia Tue May 14 2024
At the time of transfer, the blockchain's congestion status will impact the fee amount.

Was this helpful?

247
50
Stefano Stefano Tue May 14 2024
The maximum cap for this network fee is set at 30 USDC.

Was this helpful?

257
90
TaegeukChampion TaegeukChampion Tue May 14 2024
This ensures that the fee charged does not exceed a certain threshold.

Was this helpful?

268
94
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts