Fee Disclosure
Protocol Trading Fee
The protocol trading fee for users is currently 1.5%. This fee will be applied to all purchases on SegMint. The protocol trading fee will be part of the purchase price.
Third Party Transaction Fees
SegMint does not charge any transaction or network fees except as stated in this Fee Disclosure. However, third parties networks and services may charge additional fees according to their terms and conditions if you use any of their services on SegMint or enter into any transactions with NFTs minted on other Networks.
Gas Fees
Gas fees are an integral part of transactions on most blockchain networks. SegMint does not charge any gas fees but you still have to bear gas fees as applicable to transactions, minting of keys, minting of collections and NFTs and other activities you conduct on SegMint. Gas fees represent the computational power required to process a transaction or contract on a blockchain. These fees support the execution of transactions and maintenance of the network or blockchain. When you initiate a transaction, you pay the gas fee to process it to the network participant (often called a miner or validator) who includes your transaction in a new block. SegMint is not involved in this process and does not receive any part of this fee. Gas fees vary across different networks, fluctuate with market cycles. You will see and have to approve the applicable gas fee when conducting activities or transactions that are subject to a gas fee.
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