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Questions And Answers

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What is "Gas Fee"

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

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

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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"

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What is this "Network" I see everywhere in SwitchWallet

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

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Blockchain Networksarrow-up-right

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Ethereum VM

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Ethereum Virtual Machinearrow-up-right

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