β½Gas Prices & Tax with 0xLeverage
When opening trades with 0xLeverage, the associated costs due to gas prices and token tax are covered by the user. An additional 0.05 ETH will be added to the leverage wallet to cover these costs, and what is left over will be stored in the users dedicated leverage wallet to lower the amount of additional ETH needed for the users next trade. This is only applicable to trades being made on the Ethereum main-net due to its high gas costs, and will be substantially less on any other blockchain 0xLeverage incorporates into its ecosystem. Here you will find some key information as to how the can affect your 0xLeverage experience, and how to maximize benefits and mitigate losses due to gas costs. (Above information pertains to ETH main net only, as our integration with alternative blockchains significantly reduce gas fee's. Gas costs taken by 0xLeverage on alternative blockchains can be decreased by as much as 10x and result in cheaper transactions.) Solana Transaction Costs On Solana, the transaction process is different. Instead of large single gas charges, trades are executed through a bundled set of smaller transactions. Each transaction incurs a minimal network fee and a JITO tip. The JITO tip is used to prioritize your transaction and improve execution speed.
In most cases, the total cost of both the gas priority fee and JITO tip is under 0.01 SOL. Users can adjust their settings to pay higher tips for faster throughput or lower them to reduce costs, understanding that this may slightly reduce execution priority. The fees are taken directly from your wallet at the time of trade and are not preloaded into the leverage wallet.
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