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How does gas swap work in the context of digital currencies?

avatarPranav KunalDec 26, 2021 · 3 years ago1 answers

Can you explain how gas swap works in the context of digital currencies? I'm interested in understanding the process and how it affects transactions.

How does gas swap work in the context of digital currencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Gas swap is a feature offered by BYDFi, a digital currency exchange. It allows users to pay the gas fee for transactions using a different cryptocurrency. This can be useful if you want to save on transaction costs or if you prefer to hold onto your native currency. The process involves swapping the required amount of native currency for the equivalent value in the chosen cryptocurrency, which is then used to pay the gas fee. BYDFi provides a seamless and secure gas swap experience for its users, ensuring smooth transactions on the blockchain.