Wallet recovery fees in Ready app
If you lose access to your Ready account, you can recover it on a new phone. Since your wallet is a smart contract, this process requires a one-time network fee (gas).
Does Ready profit from this fee?
No. The fee is paid to the blockchain to process the onchain recovery. Ready does not profit from it.
How do you pay?
- The recovery fee is taken from the existing funds in your Ready account.
- If your wallet has no funds, you will need to deposit enough to cover the fee before recovery can proceed.
You can pay in ETH or STRK on Starknet
The fee is set at the beginning of the recovery process and is charged only once the recovery completes.
What is the fee?
The exact fee is shown in-app during the recovery flow. It is based on the current gas cost at the time of recovery.