A Bridge Fee is a fee that a user pays for each bridge transfer.
A bridge transfer requires 2 transactions: Send transaction on the source chain and Receive transaction on the destination chain. The bridge fee is paid with the Send transaction.
The bridge fee does not include a gas fee. You will pay for gas yourself.
The fee is paid in the same token that you transfer.
Bridge Fee for XRPL is 0.1% of the transfer amount. For example, if you transfer 1000 SOLO, you will pay 1000 SOLO * 0.1% = 1 SOLO.
The bridge fee does not include the XRPL transaction cost. You will pay for it yourself.
Do I need to pay for the Receive transaction on XRPL?
No. When you click the “Receive” button on the bridge interface, you don’t pay any fees for it. Exceptions:If you don’t have a Trust Line with the token that you send to XRPL wallet, you will have to complete a transaction for Trust Line creation. Read more about Trust Lines on XRPL.
Will there be an Allbridge Staking on XRPL?
No, Allbridge Staking will not be available on XRPL.