UBQT_P Transaction Fees
Quick Guide to the UBQT_P Transaction Fee on Polygon
When you buy, sell, or trade UBQT_P tokens on the Polygon network, there's a small 1% fee on the transaction.
Think of it like this: For every 100 UBQT_P you trade, 1 UBQT_P goes towards supporting the UBQT_P project on Polygon.
Why this fee?
- Helps UBQT_P grow: The fee contributes to making UBQT_P better and keeping things running smoothly on Polygon.
- Keeps things going: It covers some of the costs involved in having UBQT_P on Polygon.
How it works:
- Buying: If you buy 100 UBQT_P, you'll pay for 101 UBQT_P in total.
- Selling: If you sell 100 UBQT_P, you'll receive the value of 99 UBQT_P.
- Trading: The 1% fee is automatically taken out when you swap UBQT_P for other tokens.
Important Note: This 1% fee is for the UBQT_P token itself. Polygon also has its own small fees (called "gas fees") to process transactions, but these are usually very low.
We believe this small fee helps us build a strong and sustainable future for UBQT_P on the fast and efficient Polygon network. Thanks for being part of it!