Icon close

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Dust Transaction

A dust transaction is an amount of cryptocurrency so tiny that it is essentially valueless. It’s too tiny to spend, since the transaction fee required to transmit it would exceed its value. The name derives from the idea of digital dust, the minuscule crumbs left behind in a wallet that you can’t realistically do anything with.

Dust collects from small changes in transactions, airdrops, or fractional amounts remaining after trades. Dust is not only an annoyance, but also a privacy issue.

Some malicious actors intentionally distribute small amounts to wallets, a tactic called dusting, to track and associate addresses when the recipient later attempts to consolidate or spend the crumbs alongside other funds. Trusted exchanges and wallets have built ways to convert or consolidate dust holdings.

Example: After months of activity, a trader discovers multiple minor balances lingering across their exchange account; fractions of various tokens, worth less than a cent each. None of them may be withdrawn, as they would be completely eaten up by network costs.

Some exchanges allow you to convert this dust into that exchange’s native token. So, at least you can get something out of those leftover balances.

Start trading with A globally leading broker

Want to start trading?

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service
Customer Service
Customer Service