Multichain Has Announced An Adjustment In Cross-chain Transfer Fees

The Multichain stated on November 19th that it had modified its cross-chain transaction price for ETH/USDT/USDC.

The team announced an adjustment to its cross-chain transaction cost. Multichain stated that it had reduced transaction costs for some of the mainstream assets bridge to Ethereum (including ETH, WBTC, USDC, USDT, DAI, MIM, MAI, and others) for a better experience.

The cross-chain charge for connecting ETH/USDT/USDC to Ethereum is 0.1%; the minimum transaction price has been reduced from $20 to $4.9; and the maximum transaction fee is $1000.

The cross-chain charge for ETH/USDT/USDC to BSC, Polygon, and Avalanche is 0.01%, the minimum transaction price has been dropped from $0.9 to $0.19, and the maximum transaction fee is $1000.

The fixed cross-chain cost for bridging ETH/USDT/USDC to other chains other than the ones specified above has been set at $0.19.

Multichain is a decentralized cross-chain swap technology and bridge infrastructure that was originally known as Anyswap. The Multichain platform supports many blockchains, allowing users to exchange and bridge tokens across different chains on a single platform.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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