What are the costs?
Just like most businesses, Crodian too needs to generate income in order to be sustainable. Programmers need to eat, and blockchain technology is not cheap to develop.
We use our income to provide you with a smooth experience and we aim to constantly add innovative solutions to our platform.
Vendor Fees Explained
Vendor Fees
When you use Crodian to sell your products or services, you can use all of our e-commerce functions for free. That right: zip, nada, nothing, no upfront costs when you want to start your business on our platform!
Crodian will only charge you a flat fee of 3.5% when using our Escrow Smart Contracts, and only after you’ve successfully sold your product or service. Meaning: we get paid, when you get paid.
You don’t have to worry about registering for an account, or setting up your payment information. Our Escrow Smart Contracts automatically withholds 3.5% upon releasing your funds after a successful sale. Easy, simple, straightforward.
Customer Fees Explained
Customer Fees
Crodian does not charge Customers for their right to engage in safe commerce. However…
A customer who wants to interact with a vendor using Crodian will have to pay blockchain operating fees in order to do so.
A customer is charged a dynamic fee (included in the total amount upon checkout) which is needed to operate the Crodian smart contract. This fee consists of the estimated transaction costs for processing the internal contract operations + a small addition to account for crypto currency price fluctuations. On average the buyer fee comes down to $1 – $3. This varies depending on the current usage of the blockchain network.
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