Now that the $NATIX DePIN Crypto token is up and running on the Solana blockchain, there’s something worth noting for all those looking to trade. Solana has lightning-fast transaction speeds, low fees, and mobile-friendly infrastructure.
We would like to update our users on two things:
On the Solana blockchain, token accounts are used to manage on-chain data storage, such as token balances. Each different token you hold requires its own token account within your wallet. Solana imposes a small token account fee, approximately 0.003 SOL per account, to cover the cost of storing data on the blockchain.
If you have never withdrawn or received $NATIX on your Solana address, you must pay this one-time blockchain fee before proceeding with your first withdrawal. NATIX has paid this fee during its DePIN Crypto Listing days, so if you have withdrawn before, you won't have to pay this token account fee, as long as you use the same wallet address you used before.
SOL is also required to send $NATIX to a different wallet address. Therefore, we recommend maintaining a minimum balance of at least 0.02 SOL in your wallet to cover blockchain fees.
When we announced the $NATIX token will launch on Solana, we made sure to notify our Drive& users that only Solana wallets would be supported. Now, due to the implementation of the token account fee, we will only support Phantom Wallet to enhance the user experience. Consequently, all other wallets will be disconnected.
If you have scheduled a pending withdrawal and your wallet has been disconnected, rest assured – the transaction will be completed as promised and the funds will be sent to your original wallet.
For those who are concerned with connecting their wallet on their mobile, we recommend connecting a wallet with a small token amount to NATIX for handling withdrawals. After receiving your $NATIX tokens, transfer them to your main wallet.
Additionally, we advise withdrawing or sending a small amount of $NATIX initially to ensure the transaction processes smoothly. For your main wallet, we suggest using a cold wallet such as Ledger or Trezor.
For any additional questions and assistance, you can always contact the NATIX team on the NATIX Network Discord or Telegram. Make sure to also follow @NATIXNetwork on Twitter to stay up to date.
