how to pay network fee on atomic wallet app

Sending transactions on Atomic Wallet entails selecting the appropriate network fee to cover the cost of processing on the underlying blockchain network, ensuring a successful transfer.

Nov 06, 2024 at 08:15 pm

How to Pay Network Fees on Atomic Wallet App

Atomic Wallet is a user-friendly cryptocurrency wallet that allows you to store, send, and trade various cryptocurrencies. To successfully send transactions on the Atomic Wallet app, it is essential to pay network fees. These fees cover the cost of processing and validating transactions on the underlying blockchain network.

Step 1: Open the Atomic Wallet App

Launch the Atomic Wallet app on your mobile device. Ensure that you have a stable internet connection.

Step 2: Select the Cryptocurrency

Navigate to the "Send" tab and select the cryptocurrency you wish to send.

Step 3: Enter Recipient Address and Amount

Enter the recipient's cryptocurrency address and the amount you want to send.

Step 4: Choose Network Fee

Below the amount field, you will see options for different network fees. These fees vary depending on the cryptocurrency and the congestion on the blockchain network.

• Regular: This fee is typically the lowest, but it may take more time to process.
• Smart: This fee is usually slightly higher but offers a faster processing time.
• Priority: This fee is the highest and ensures the fastest processing time.

Step 5: Adjust Network Fee (Optional)

In some cases, you can adjust the network fee manually by clicking the "Custom Fee" option. However, it is generally recommended to use the default fee settings.

Step 6: Preview Transaction

Before sending the transaction, review the details carefully. Ensure that the recipient's address, amount, and network fee are correct.

Step 7: Confirm and Send

Once you have verified all the information, click the "Send" button to initiate the transaction.

Note:

• Network fees are non-refundable, so ensure you choose the appropriate fee for your needs.
• Transaction times vary depending on the cryptocurrency and network fee selected.
• Atomic Wallet does not charge any additional fees for sending transactions.