Yes, BOTS keeps transaction fees low because of high volumes and fast servers, which cause the exchange fees to be low. Besides the exchange costs, there are also spread costs (the difference between the buying price and the selling price). In a market where there is a lot of volume, these spread costs are low. BOTS creates its own systems to keep these costs as low as possible. The fees are as follows:
A) 0,2 % deposit fee of the deposited amount, including the exchange fee charged by the third-party service providers;
B) 1,5 % withdrawal fee of the withdrawn amount, including the exchange fee charged by the third-party service providers; and
C) A maximum of 0,2 % transaction/trade fees out of every trade a bot performs, including platform fees that aim to accommodate the use of the bots to ensure liquidity and the successful functioning of the BOTS Platform. Please note that the transaction/trade fee of 0,2 % is the maximum fee charged for the trade(s) a bot does, if the bot does multiple trades within a limited period of time, the fee will be reduced accordingly. However, in no case, the transaction/trade fees will be less than 0.06%.
*Please keep in mind, if you are using a payment method through Banxa, extra fee's on the payment apply. This will be shown on the payment screen.
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