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Transaction Cost Overview

A description of the transaction cost model

APEXE3HQ avatar
Written by APEXE3HQ
Updated over 2 years ago

A transaction fee of .05% will be applied when manually or algorithmically buying / selling assets.

For example:
โ€‹
โ€‹Buying

  • Bitcoin is currently priced at $20,500

  • You decide to buy 0.5 Bitcoins

  • The $ value = $10,250

  • The transaction cost associated with this purchase will be

    • $10,250 * 0.0005 = $5.13

  • So a total of $10,255.125 will be deducted from your balance

Selling

  • Bitcoin is currently priced at $20,500

  • You decide to sell 0.5 Bitcoins

  • The $ value = $10,250

  • The transaction cost associated with this purchase will be

    • $10,250 * 0.0005 = $5.13

  • So you will recieve $10,244.89 after the application fee is applied

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