Understanding Deposit Commissions

Commissions are subject to variation depending on the type of wallet utilized - whether Merchant or Enterprise -and the specific digital currencies involved.

Deposits to Merchant wallets

All incoming transactions are subject to fees, which may be calculated in one of two ways: as a percentage based on the client's turnover or as a minimum fixed commission. 

a. Percentage-Based Fees

The percentage fee is influenced by the following factors:

• Currency Type: The specific coin or token being transacted can affect the percentage fee applied.

• Trading Volume: Generally, a higher trading volume leads to a more favorable percentage rate. Once a client reaches a designated volume threshold, the applicable percentage is locked in and remains unchanged until the end of the month. It is important to note that previous transactions are not recalculated; the percentage is fixed for the duration of that month.

b. Minimum Fixed Commission per blockchain

The minimum fixed commission is determined on a per-blockchain basis, acknowledging that processing costs vary across different networks. Each blockchain has its own unique processing requirements and associated costs, which are reflected in the minimum commission charged for incoming transactions.

The applicable commission type for a deposit is determined by selecting the larger of the two commission sizes: the calculated percentage fee or the minimum fixed commission.

Please refer to the example of commission size calculation.

Commission Type Determination  

1. Client Commission Rate  
   The client is subject to standard commission rates, with a commission fee level set at 0.5%.
2. Transaction Details  
   • Transaction Amount: 1000 USDT-TRX
   • Deposit Address is Merchant
3. Commission Fee Calculation  

• Percentage Fee Calculation:
  Percentage Fee = Transaction Amount × Commission Rate = 1000 USDT-TRX × 0.5% = 5 USDT-TRX.
• Minimum Fixed Commission  
  The minimum fixed commission per Tron blockchain transaction is established at $3.

4. Commission Comparison
   • Calculated Percentage Fee: $5
   • Minimum Fixed Commission: $3  
5. Conclusion: The total commission fee applied to the deposit of 1000 USDT-TRX will be $5, as it exceeds the minimum fixed commission of $3.

The amount of the commission may not necessarily be a whole number and may include decimal values as a result of conversion. For instance, the commission may be expressed as 3.006414.

Deposits to Enterprise wallets

We do not charge for incoming transactions, but clients must cover blockchain fees and maintain their balance.

Blockchain fees vary by network and are influenced by congestion; higher demand can lead to increased fees for faster transaction processing.

This structured approach to fee calculation ensures transparency and fairness, accommodating both high-volume clients and those engaging with various blockchain networks.

Related Links/Articles:
• Fees and pricing