Fees and charges

Transactions to other Local Trade Coin wallets are free.

 

A transaction fee is applied to transactions to other cryptocurrency wallets outside Local Trade Coin. You can view the current commission in your LTC wallet under the commissions heading of the bitcoin network. The amount of the commission varies depending on the current usage rate of the Bitcoin blockchain. The commission is automatically adjusted according to the current network congestion. Commissions for these transactions are paid through your Local Trade Coin wallet once the transaction is made.

 

When sending funds to the Local Trade Coin portfolio, a commission from the Bitcoin network is deducted from the deposit. The commission varies according to the degree of congestion of the Bitcoin network. If the amount of the deposit is less than the deposit fee of bitcoins, the deposit will not be carried out. The commission for shipping is displayed on your account page.

 

Other charges

 

If you use the billing service for merchants and companies, a commission of 0.5% of the amount of each invoice paid is deducted. In the amount of the invoice the deposit fee of the Bitcoin network is also withheld if the payment is made through an external transaction.

 

Tailored jobs, such as the investigation of possible external problems, are paid at 200 EUR / hour with Bitcoin according to the current exchange rate of the market. Billable minimum amount: 200 EUR.

 

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