When moving cryptocurrencies on Picnic, you will encounter two main fees, in addition to the variable fee of the blockchain itself.
Transactions on the Same Network
What it is: Sending cryptocurrencies from one address to another within the same blockchain network.
Picnic Fee: 0.1% of the transaction amount.
Blockchain Fee: There is a variable network fee (gas) that is added to the total cost.
2. Transactions Between Different Networks
What it is: Moving cryptocurrencies from one blockchain network to another.
Picnic Fee: 0.25% of the transaction amount.
Blockchain Fee: There is a variable network fee (gas) that is added to the total cost.
Summary
- Single Chain: 0.1% (Picnic) + variable blockchain fee.
- Cross Chain: 0.25% (Picnic) + variable blockchain fee.
Always check the total transaction amount, including Picnic and blockchain fees, before confirming the operation.