Centralized Exchanges (CEXes)
A variety of 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. However, centralized exchanges may have their own individual policies, so it is always best to check with the exchange's policies.
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 January 10, 2025)
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