Questions And Answers

What is "Gas Fee"

This are fees paid for processing of transactions in the blockchain space

Learn More about Gas Feesarrow-up-right

this can only be paid with the NetworkChain's native currency(Coin), eg On BSC Network gas fee can only be paid with BNB

What is Remittance on SwitchWallet

When tokens are deposited to merchant's client addresses, They are remitted(moved) to the custodian wallet address.

The above process is what we refer to as "Remittance"

What is this "Network" I see everywhere in SwitchWallet

Network or NetworkChain as used all over SwitchWallet actually refer to Blockchain Networks

Learn More about Blockchain andarrow-up-right

Blockchain Networksarrow-up-right

Ethereum VM

Learnarrow-up-right

Ethereum Virtual Machinearrow-up-right

Last updated