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CTC Magic: Auto-detect Fees for Transfers
CTC Magic: Auto-detect Fees for Transfers
Vivi Turla avatar
Written by Vivi Turla
Updated over a week ago

This toggle simplifies your transfer and bridge transactions by automatically detecting and generating fees when there is a discrepancy between the sent and received amounts. This feature ensures that your transactions are accurate and consistent without the need for manual adjustments.

You can find this toggle on your Settings -> Portfolio & Tax.

Toggle Off: No Auto-generated Fees

When the auto-detect feature is disabled, CTC Magic will not generate any fees if there is a discrepancy between the sent and received amounts for grouped transfers or bridges. The transaction amounts will remain as they are.

Example: Although there is a discrepancy between the sent and received amount, no fee is auto-detected.

Toggle On: Auto-generate Fees

When the auto-detect feature is enabled, CTC Magic will automatically generate a fee if there is a discrepancy between the sent and received amounts for grouped transfers or bridges. This ensures there is consistency in the amounts sent and received.

Example: CTC Magic detected a discrepancy between the sent and received amount. Hence, it automatically created a 0.1 BTC fee and changed the quantity of 'send' to 1 BTC.


These system-generated changes are listed in the 'EDIT HISTORY' tab.

Reverting Changes

You can revert the changes made by the auto-detect feature at any time by simply toggling it off and on again.

Example: I turned off the toggle. The 'send' amount becomes 1.1 BTC again, and the fee is deleted.

Manual Edits

If you manually edit a transaction's fee, CTC Magic will not revert these changes when the auto-detect feature is toggled on or off. Manually edited transactions retain their specified fees regardless of the auto-detect setting.

For any further assistance, feel free to contact our Support team.

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