blocktrade.com

Fee schedule

FEE & COST SCHEDULE

This document determines the rates of fees Blocktrade charges for the Services and other costs regarding the use of the Services.

  1. TRADING AND MEMBERSHIP FEES

Users that subscribe to a membership on Blocktrade are considered Members. Membership is divided in different categories (Tier 1-3). Higher Tier results in lower trading fees and other benefits. Membership has an annual commitment but can be paid monthly.

Using BTT token for payment of the membership fees lowers the price by 50%.

RETAIL MEMBERSHIP

No Membership

  • Trading Fee: 0.15%*

*decreased trading fee is valid until 31.8.2018, after that trading fee is 0.30%.

Basic Membership

  • EUR 29.00 monthly / EUR 290.00 annually OR

  • EUR 14.50 monthly / EUR 145.00 annually worth of BTT tokens**

  • Trading Fee: 0.08%

Advanced Membership

  • EUR 129.00 monthly / EUR 1290.00 annually OR

  • EUR 64.50 monthly / EUR 645.00 annually worth of BTT tokens**

  • Trading Fee: 0.04%

Premium Membership

  • EUR 1,000.00 monthly / EUR 10,000.00 annually OR

  • EUR 500.00 monthly / EUR 5,000.00 annually worth of BTT tokens**

  • Trading Fee: 0.01%

INSTITUTIONAL MEMBERSHIP

Institutional Members (hedge funds, investment banks, brokerages and other regulated investment firms) can use the Services through the Platform or connect through API.

Standard Membership

  • EUR 1,000.00 monthly / EUR 10,000.00 annually OR

  • EUR 500.00 monthly / EUR 5,000.00 annually worth of BTT tokens**

  • Trading Fee: 0.05%

  • API limit: 100/s

  • RestAPI, Websocket

Professional Membership

  • EUR 10,000.00 monthly / EUR 100,000.00 annually OR

  • EUR 5,000.00 monthly / EUR 50,000.00 annually worth of BTT tokens**

  • Trading Fee: 0.01%

  • API limit: 1000/s

  • FIX API, Colocation

**The exchange rate BTT/EUR for payments in BTT is calculated dynamically.

High Frequency Traders and others in need of higher API limits can reach out to sales(at)blocktrade.com to get a quote for higher API limits.

Trading Fees are charged as follows:

  1. The same trading fee within the same Tier applies to all Trading Pairs,

  2. Fees are always calculated as a percentage of the trade's Quote Asset volume,

  3. Fees are calculated to decimal places that reside with a single Asset. All FIAT currencies are calculated on two decimals and all Crypto-Assets are calculated on 8 decimals. If any fee exceeds this decimal limitation, the fee is rounded up to one digit on the last decimal. For example:

  • If the fee for the Trading pair BTC/EUR is EUR 1.234, the fee is rounded up to EUR 1.24.

  • If the fee for the Trading pair BTC/ETH is ETH 3.876543214, the fee is rounded up to ETH 3.87654322

  • If the fee for the Trading pair ETH/LTC is LTC 2.766764572, the fee is rounded up to LTC 2.76676458

  1. DEPOSIT FEES

There are no fees for depositing Crypto-Assets.

User may be charged by third parties that are outside Blocktrade's scope. Blocktrade is not liable for such charges.

Deposits of FIAT currencies are charged with fees as follows:

TYPE OF PAYMENT

in %

Fixed fee in EUR

CREDIT CARD

5%

0

SEPA

0

1

OTHER FIAT DEPOSITS

0

1

Each fee is determined on the type of FIAT currency. For now, this applies to EUR.

  1. WITHDRAWALS

User may be charged by third parties that are outside Blocktrade's scope. Blocktrade is not liable for such charges.

FIAT CURRENCIES

Withdrawal of FIAT currencies are charged with fees as follows:

TYPE OF PAYMENT

in %

Fixed fee in EUR

SEPA

0

1

OTHER FIAT WITHDRAWALS

0.1

10

Each fee is determined on the type of FIAT currency. For now, this applies to EUR and USD.

CRYPTO-ASSETS

TYPE OF CRYPTO-ASSETS

in %

BITCOIN (BTC)

0.5

ETHER (ETH)

0.5

BITCOIN CASH (BCH)

0.5

LITECOIN (LTC)

0.5

RIPPLE (XRP)

0.5

  1. MISCELLANEOUS
  1. BLOCKTRADE charges a fee for each Order that is matched on the Orderbook. The fee is charged in the Quote Asset and is calculated as a percentage of the Order quantity.

  2. The fee is charged by debiting the User’s Available Balance for the amount of the fee at the time that the Order is matched.

  3. There is no fee for Orders placed to the Orderbook which are not filled.

  4. Fees may vary between Orderbooks. The current fee rates can be found at Blocktrade.com/fees

  5. All Users in the same Membership Tier pay the same trading fees. BLOCKTRADE does not provide preferential or discounted fees.

  6. Members who provide liquidity to the Orderbook (are acting as Market Makers) can be exempt of the Membership fee if they meet the requirement described in Market Making document.