CCD is the native cryptocurrency of the Concordium blockchain, a layer-1 network designed for secure, scalable, and compliant decentralized applications.
When sending or interacting with CCD (Concordium) from the Bitcoin.com Wallet app, users are required to pay a small network fee. These fees are necessary to process transactions and maintain the security and performance of the Concordium blockchain.
For a complete guide to using Concordium, see How to Get Started with Concordium.
📑 Table of Contents
1. What are CCD network fees?
CCD network fees are transaction fees paid in CCD, the native cryptocurrency of the Concordium blockchain. These fees compensate validators for processing transactions and securing the network.
CCD transactions are processed on a decentralized blockchain, meaning fees are paid directly to the network and not to Bitcoin.com or any third party.
2. How much are CCD fees?
CCD fees are pegged to EURO. Standard Concordium transactions carry a fee of €0.01. The fee amount is converted to CCD terms automatically and shown in your wallet before you confirm the transaction.
3. Do I need CCD to send CCD?
Yes.
You must have a small amount of CCD in your wallet to cover the network fee when sending CCD or interacting with smart contracts.
If your balance is too low to cover the fee, the transaction will fail.
👉 Don't have CCD yet? See How to Buy CCD (Concordium) Using the Bitcoin.com Wallet App.
4. Are CCD fees refundable?
No.
All cryptocurrency transactions, including CCD transactions, are non-refundable. Once confirmed on the blockchain, a transaction cannot be reversed.
5. Why you might see a fee for small transactions
Even for small CCD transactions:
A network fee is always required
The wallet must contain enough CCD to cover the fee
If the balance is insufficient, you may see an insufficient funds error
This fee is not related to account reserves or minimum balances, as Concordium does not use such a system.
6. Important notes
CCD can only be sent on the Concordium network
Sending CCD to an unsupported network or wallet may result in permanent loss of funds
Always double-check the recipient address and network before sending CCD
7. Conclusion
Using CCD with the Bitcoin.com Wallet app is cost-effective due to Concordium’s low and predictable transaction fees. Unlike some other blockchains, CCD does not require minimum balances, trustlines, or locked funds. Users only need enough CCD to cover the network fee displayed before confirming a transaction.
For a complete guide to using Concordium, see How to Get Started with Concordium
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