Many users contact us about high fees in Cropty Wallet when making a transaction. Let's figure out if this is true.
First of all, Cropty is a custodial wallet, i.e. we are responsible for the security of your funds and store your money in our own wallets. Ensuring the security of your assets is one of Cropty's top priorities, so we do not skimp on database protection.
Secondly, a fee is charged for making a transaction in any network, and it is paid in the native currency. This is called a gas fee. For example, to send USDT in the TRX/ETH/BNB network, you pay a fee in the corresponding token: TRX/ETH/BNB. If you take a non-custodial wallet, for example, Trust Wallet, and transfer cryptocurrency there, you will notice difficulties with sending and face even higher fees due to unpreparedness. If you have USDT in the TRX network, for example, but no TRX coins, you will need to buy them separately, and the minimum purchase cost is $ 10-20 depending on the network. In the case of the Cropty wallet, we take responsibility for all conversions and make all transactions without the need to buy native tokens.
Moreover, non-custodial wallets charge you a fee for cross-network conversion. For example, you have USDT in the TRX network, but you want to send USDT in the ETH network. This will also cost extra money.
The minimum fee for Cropty Wallet is $ 1.5 USD. But is it really that much? Let's figure out what you get in return.
What do you get in return for Cropty fees?
- We store user funds on hot wallets. You can always easily access your funds without a necessity to remember the seed phrase, print it or hide it. Your money is reliably protected, you can always restore access to your assets using e-mail, phone number or verification documents.
- The withdrawal commission is charged from the token that you send. For example, if you send USDT, the commission is also charged from USDT. It is simple, easy and convenient - you do not need to understand how the gas fee works. Simplicity and transparency are our priority. Some networks have already introduced a similar commission payment system, but Cropty remains an inexpensive option for working with assets.
- Transparent and free cross-network conversion. You do not need to pay any additional money to convert USDT from the TRX network to USDT in the BNB / ETH network and others. In the case of working with non-custodial wallets, you will again have to pay additional money.
What if I do this only for my Mystique Fusion activation?
Some users first start playing, and then create a Cropty Wallet for activation or in-game purchases. Therefore, we are happy to compensate you for part of the funds spent on the commission!
If your Cropty Wallet is connected to Mystique Fusion, then after making your first transaction in Cropty, you will receive 500 Mystique Gold to your game account! This will allow you to partially compensate money spent on the commission.
Conclusion
Thank you for using our products. The most important thing for us is simplicity, convenience and transparency. We hope that you will enjoy using Mystique Fusion and Cropty Wallet.
