Native gas token support – ETH and MATIC

You can now use Fern to send, transfer, convert, or offramp native gas tokens on their respective networks! ETH is now available on Arbitrum, Base, Ethereum mainnet, and Optimism. MATIC is supported on Polygon. You can also set up automations to automatically offramp these tokens. 

‍

Fees

To further enhance Fern, we are introducing a fee structure for conversions, onramps, and offramps. Each of these transactions will incur a 0.5% Fern fee, in addition to any applicable gas and wire/ACH fees. We will display these fees upfront in the transaction flow, allowing you to make an informed decision.

We remain committed to keeping fees as low as possible and are continually seeking ways to reduce them further while improving our platform and service.

‍

Questions? 

We deeply value your trust and loyalty, and we believe these changes enable us to make our platform even better for you. If you have any questions or concerns, feel free to reach out at hello@fernhq.com!

‍