Sponsored Fee

Waves.Exchange uses Waves asset 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 asset if the creator of this asset supports sponsored transactions. Thus, you can pay the transaction fee using sponsored asset. Also, you can pay sponsored fees for transfers with Waves and any other Waves-based assets.

Note: To use sponsored fees, you must have sponsored asset. And the asset 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 Assets Management chapter.

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