# transaction fees

Synthetic Exchange does not charge transaction fees. The fees below explain the network subsidy paid by the token holders, to use our Synthetic Chain. We do not charge additional transaction fees, making the trading of crypto-derivatives with <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token frictionless. \
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The biggest advantage of Synthetic Exchange, over other derivative trading platforms, is that <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Tokens are executed over a layer-1 blockchain network, <mark style="color:blue;">Qtum</mark> Virtual Machine. Without relying on roll-ups and layer 2 transaction channels, user fungibility is available to all users 24/7.

The transaction fees are paid in <mark style="color:blue;">Qtum</mark> cryptocurrency for all <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token transfers and smart contract transactions. Proof of Stake \[POS], blockchain consensus and adoptive token governance \[ADG], enables a fast, secure and non-custodial execution of all <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> Token payments. &#x20;

1`]` <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> `Token transfers cost 0.001`<mark style="color:blue;">`qtum`</mark>

`2]` <mark style="color:green;">C</mark><mark style="color:yellow;">R</mark><mark style="color:red;">T</mark> `Token smart contract transactions cost 0.01`<mark style="color:blue;">`qtum`</mark>

Qtum block propagation takes on average 32 seconds, and all accounts can be verified on <https://qtum.info> blockchain explorer. The transaction fees on <mark style="color:blue;">Qtum</mark> blockchain are the most competitive, using Bitcoin UXTO code-base, and Account Abstraction Layer \[AAL] for smart contract execution, making <mark style="color:blue;">Qtum</mark> one of the leading solutions for a true decentralized finance. <mark style="color:blue;">Qtum</mark> blockchain is a generation 3 network, energy efficient, fast and decentralized.&#x20;