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Other => Beginners & Help => Topic started by: super_yoki on December 01, 2017, 03:47:10 PM



Title: (stupid question) Explanations about the fees please
Post by: super_yoki on December 01, 2017, 03:47:10 PM
Hello,

I need some explanations about the fees please.
If you can help. I don't know how to calculate them.

Example :

I want to buy 2 BCH for 1 000 $
Considere the fees are 0,25% (just for example)

So after the trade i will received 2 BCH less 0.25% of commision from this 2 BCH ?
So 1.995 BCH in my wallet right ?

My question is what is the real price that i have paid my 2 BCH in $ ?
1000$ + 0,25% each BCH ?

Thanks for your help !

 Yoki

 


Title: Re: (stupid question) Explanations about the fees please
Post by: UpsilonTrooper on December 01, 2017, 04:03:20 PM
You wont recieve less BCH, you will pay MORE in flat.


Title: Re: (stupid question) Explanations about the fees please
Post by: super_yoki on December 01, 2017, 05:21:56 PM
Ok what will be the real price i will pay in this case please ?


Title: Re: (stupid question) Explanations about the fees please
Post by: UpsilonTrooper on December 01, 2017, 06:47:21 PM
$1000*1.0025 = 1002.5$ per BCH if you're buying for 1000$ each with 0.25% fees


Title: Re: (stupid question) Explanations about the fees please
Post by: super_yoki on December 01, 2017, 08:52:15 PM
$1000*1.0025 = 1002.5$ per BCH if you're buying for 1000$ each with 0.25% fees

Thanks ... so i need to have 1025$ in my balance.

I have a last question.
Is it the same on trading platform like poloniex ?


Title: Re: (stupid question) Explanations about the fees please
Post by: UpsilonTrooper on December 01, 2017, 08:55:32 PM
$1000*1.0025 = 1002.5$ per BCH if you're buying for 1000$ each with 0.25% fees

Thanks ... so i need to have 1025$ in my balance.

I have a last question.
Is it the same on trading platform like poloniex ?

>Thanks ... so i need to have 1025$ in my balance.

No, you  need 1002.5$ which is One Thousand Dollars plus Two Dollars and Fifty cents

>Is it the same on trading platform like poloniex ?

Yes