Skip to main content

What is a Token Fee?

A token fee, also known as token tax, refers to the charge applied when purchasing, selling, or transferring a particular token.

Such tokens, known for incorporating transaction fees, are termed fee-on-transfer tokens. These fees are predetermined by the creator or issuer of the token and are directly collected by them, not by trading platforms like BroccoliSwap.

For a transaction involving these tokens to proceed, any applicable buy or sell fees must be cleared. This means if the token in question implements a fee for buying, selling, or transferring, this charge must be satisfied for the transaction to go through.


DEGENX - The creator of BroccoliSwap, uses DGNX as its governance token and DGNX carries a token fee of 0.3%, this fee will be visible in the BroccoliSwap interface under the terms 'Input token sell tax' or 'Output token buy tax', contingent upon the direction of the swap.

Back to "BroccoliSwap Help"