Trading Fee and Settlement Fee
At Vanilla Finance, we have established a transparent and simple fee structure to ensure users understand the costs associated with trading and settlements on the platform.
Transaction Fee:
The transaction fee is conceptually designed to be a percentage of the Cost of each trade. However, at present, no transaction fees are being charged. This approach ensures that while we maintain transparency regarding our future fee structure, users can currently trade without incurring any additional costs. In the future, the specific percentage and fee structure may be introduced, with decisions potentially being made by the Vanilla Finance DAO, allowing the community to have a say in shaping the platform’s fee policies. We hope this strategy will help us rapidly expand our market presence.
Settlement Fee:
The settlement fee is set at 10% of the profit made on a trade. However, to express our gratitude for the community's support and innovation in this space, we are currently offering free settlement fees for a limited time. This means that while the standard structure includes a 10% fee on profits, users will enjoy full access to their gains during the promotional period.
Additionally, as a token of appreciation for users who have supported us, and with the backing of well-known institutional investors in the industry, both transaction and settlement fees are waived for a limited period. This enables users to trade and settle without incurring any costs, reflecting our commitment to fostering innovation and growth in the cryptocurrency space.
We appreciate your trust and support and will continue to evolve our fee structure to meet the needs of our growing community while maintaining transparency and fairness. We encourage users to stay informed of any changes, particularly as the platform grows and more governance decisions are made through the Vanilla Finance DAO.
*Currently, the platform offers a limited-time free on settlement fees. Future charges will be based on market conditions and implemented without further notice.
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