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.

More details in How to Use Sponsored Fee section of the Cryptocurrency Transfers article.

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See more articles in the Token Management chapter.

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