Centralized Exchanges (CEXes)
10+ centralized exchanges (CEXes) have listed $CWIF.
Make sure to double check verified links on CoinMarketCap or CoinGecko before trading $CWIF on an exchange.
Burns on CEX Trading
There is typically no 4% burn fee while buying and selling $CWIF on a CEX. This is because the CEX usually keeps the $CWIF in one wallet (their spot wallet) during the trade.
Burns on CEX Deposits and Withdrawals
Typically, there are three 4% burns when completing a CEX deposit and CEX withdrawal of $CWIF on a CEX.
The typical burn fees for $CWIF on most CEXes include a 4% burn fee for deposit, a second 4% burn fee for transfer to the spot wallet, and a third 4% burn fee on withdrawal.
Some CEXes might have different policies, such as a double burn fee (two 4% burns) on withdrawals. It is essential to do your own research on an exchange's individual policies before depositing or withdrawing $CWIF so that you know what fees to expect.
Important Considerations
Research: Always do research on the policies of a centralized exchange you use.
Security Risks: Using centralized exchanges can present extra security risks, as the funds on an exchange are never fully yours until you withdraw them.
(page last updated June 14, 2024)
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