So, on Binance, there is a pair
IOST/USDT. Previously, the coin had an exchange fee of 0.5% when sending funds.
IOST covered this fee during the listing to attract investments in the project.
When the coin stabilized, the exchange reduced the fee, and IOST transferred its accounts from cold to hot wallets.
However, if we use cold wallet(
iostntwrk) now, we will receive
+0.5% of the sent amount as the network fee is no longer as significant and does not depend on the transaction size.
-
IOST on coinmarketcap: Click
- IOST on Binance: Click