Trading Fees
Last updated
Last updated
| Trading Fees |
|---|
0.01% ~ Max 1% |
Our exchange does not determine virtual asset prices or exchange rates using order books, which are digital lists of buy and sell orders commonly seen in centralised exchanges (CEX).
Instead, we rely on the automated market maker (AMM) from a decentralised exchange (DEX) to set our exchange rate.
The fees we charge for crypto asset exchanges are based on the specific liquidity protocol supplying the necessary liquidity for the transaction.
While fees on decentralised exchanges generally range from 0.01% to 1%, the exact fee can vary based on factors like network congestion and transaction complexity.
Therefore, the precise transaction fee can only be determined at the time of the transaction.
At Alt Pro, the displayed price/rate already includes exchange and network (gas) fees. There are no hidden charges or additional calculations required.
On the left is 'Alt Pro', and on the right is 'Via.exchange', a decentralized cross-chain protocol. In this trading scenario, you're converting ETH to WETH on the BNB chain.
With Alt Pro, the displayed transaction price/rate already encompasses both the exchange fee and network (gas) fee. Conversely, 'Via.exchange' on the right provides a rate of 0.998492 WETH received, but this does not include the gas and exchange fees.
Just like when you exchange foreign currency at a bank, the fee for the transaction is typically incorporated into the exchange rate. So, when you exchange $100 and receive 115,000 Korean won, the bank's fee is already embedded in that rate.
| Deposit & Withdrawal Fees | Description |
|---|---|
Deposit Fee | Free |
Withdrawal Fee | We update our network (gas) fee every minute. Due to these frequent updates, the withdrawal fee can sometimes be as much as twice the network fee. |
