Sun, September 29

Binance to Adjust Tron (TRX) Network Withdrawal Fees

Exchange News
  • Withdrawal fees increased from 1 to 2.6 units.
  • The user must pay 15 TRX instead of 1 TRX for TRX withdrawal.

Binance will change withdrawal fees on the TRON (TRX) Network in accordance with the most recent proposal 83 that the TRON (TRX) community accepted in order to switch the energy charging system to a dynamic energy model.

For asserts USDT /USDC /TUSD the withdrawal fees have been increased from 1 to 2.6 units. Coming to Binance stable coin the charges have been changed from 0.8 BUSD to 2.2 BUSD. For TRX withdrawal the user has to pay 15 TRX in place of 1 TRX. 

The dynamic energy model is a strategy put out by the community to dynamically adjust the contract’s future energy use based on the contract’s known energy usage, or TIP-491. Through this approach, excessive network resource concentration on a small number of contracts will be avoided and the allocation of energy resources on the chain will be more reasonable.

Before five days, Binance wallet maintenance for the Tron Network (TRX) took place. About two hours were needed for the maintenance.

Recommended for you:

Tether (USDT) Users Experience Transaction Outage

Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…