There is a popular saying in the Hedera community: “There is no such thing as a free lunch.” It is important to remember that everything has a cost.
Hedera charges transaction fees to support the network and make it more secure. On the payment confirmation page, we present to the user:
- The hbar market price at or near the time of transaction
- The payment that is being sent; in this example, 100 ℏ
- The total estimated transaction
- The Wallawallet transaction fee (Please note that to see the WW fee in the user interface, you need to click the chevron icon above the “From” address.)
- The sending and receiving accounts
Wallawallet doesn’t charge fees for transferring HBAR, but we do charge fees for transferring other tokens and using other services.
Fees are pegged to USD but collected in HBAR.
Fee Settings
There are a few ways to control and limit the fees that you are charged when using Wallawallet:
Adjusting the maximum fee amount you are willing to pay Wallawallet for handling the transactions.
Adjusting the maximum fee amount you are willing to pay Hedera for handling the network.
Deciding which account will pay for most of the fees charged in Wallawallet (there are a couple of exceptions, for example staking configuration fee (which is always paid from the account being configured for staking.)
Hedera Fees
For more detailed information on the Hedera fees in particular, please visit; https://hedera.com/fees
MoonPay Fees
There are fees associated with using MoonPay to purchase HBAR through Wallawallet.
Credit card – 3.5%
Bank Transfer – 4%
These fees are in addition to what is charged by MoonPay. For more details, please visit the MoonPay FAQ.
Sardine Fees
Instant ACH
New User Validation Fee – $2
Transaction Processing Fee – $0.50 + 1.9%
Wallawallet Convenience Fee – 1.9%
Minimum Fee / tx – $4.50
Card to Crypto
New User Validation Fee – $1
Transaction Processing Fee – $0.50 + 3.9%
Wallawallet Convenience Fee – 3.9%
Minimum Fee / tx – NA