Sponsored Fee

Waves.Exchange uses Waves token as a basic fee for all types of transactions. The Sponsored fee feature provides functionality to use custom fees in Waves.Exchange. It allows using fee in token if the creator of this token supports sponsored transactions. Thus, you can pay the transaction fee using sponsored token. Also, you can pay sponsored fees for transfers with Waves and any other Waves-based tokens.

Note: To use sponsored fees, you must have sponsored token. And the token issuer must have the sponsored transactions activated. If these conditions are not met, you will be able to pay the transaction fee in Waves only.

Open your Waves.Exchange wallet and at the top left corner click Send.

Fill In the sending form.

Asset: Select an asset to send. Recipient: Fill in the recipient's Waves.Exchange address. Amount: Define the amount of tokens to send. Description: Optional. You can write a message for the recipient in this box. Transaction Fee: Select a token to use for the transaction fee. By default WAVES.

Click Continue.

In the following window double-check the entered data and if everything is correct click Send or click Go Back to make corrections.

The created transaction will be processed with the next block.

---

See more articles in the Assets Management chapter.

If you have difficulties with Waves.Exchange, please create a support ticket or write a question on our forum.