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Why does Spritz need to swap my $DRIP token for $BNB when I use it in the app?
Why does Spritz need to swap my $DRIP token for $BNB when I use it in the app?
Spritz Support (Ley) avatar
Written by Spritz Support (Ley)
Updated over a week ago

Whenever you transfer your $DRIP from one wallet to another it incurs a 10% transfer tax. In order to minimize the tax implications when paying bills or off-ramping with Spritz, we swap your $DRIP with $BNB first so that it only incurs that transfer tax once.

The reason we swap your $DRIP for $BNB is because the DRIP network has its own liquidity pool called the Drip Fountain, which is only for transfers between $BNB and $DRIP.

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