Post
Topic
Board Marketplace (Altcoins)
Re: Bitsmo - The Next Crypto Exchange Solution
by
BitsmoExchange
on 10/09/2018, 19:08:38 UTC
This 3 % is fee trading?

Yes, 3% of the transaction fee taken from every trade will be distributed to charity in a transparent process. However, this feature will not increase the transaction fee. Our txn fees will be competitive with the fees from other leading exchanges.
Thats what you called competitive? 3% on trading fee. Holy COW!

See these things:

https://news.kucoin.com/en/fee/
https://support.binance.com/hc/en-us/articles/115000429332-Fee-Structure-on-Binance

If you do insert out about that charity thing then it wont really be a convincing thing for us to use your exchange.Ill pass

The 3% that goes to charity isn't coming from the transaction. It's coming from the transaction fee.

For example, KuCoin has a 0.1% trading fee. So, 0.1% of the total transaction amount is taken as a fee, and 3% of that 0.1% fee goes to charity.