Binance Announces it Will Increase Fees for Withdrawing Assets on Tron Network
Cryptocurrency exchange Binance has just announced that it has decided to increase the fee structure for withdrawing assets on the Tron network after the blockchain’s recent fee model adoption.
The corresponding proposal involves the introduction of a dynamic fee calculation mechanism based on a variable that takes into account the final energy consumption of contracts. The solution has been designed to increase the cost of “low-value and fraudulent transactions” to maintain the stability of the network and the development of the ecosystem.
For the native token of the TRX network, the fee will increase by 15 times, for stablecoins – by about 1.5 times. Regarding the withdrawal of BTTC, JST, NFT, SUN and WIN, the fee will be 40 TRX (about $2.5) in equivalent.
