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Trading Fees on Altbase

Are there any fees when trading on Altbase?

Fees are a normal part of trading assets or instruments in any market. On the Altbase app, users pay gas fees associated with Binance Smart Chain. BSC gas fees are typically fractional, but are subject to change in times of higher network trade volume.

What are gas fees?

Gas fees are native to cryptocurrency trading. Gas is the term referenced because the charges are used to power the blockchain network. Gas is paid to validators for their part in verifying transactions being made on the peer to peer, decentralized blockchain network.

When Altbase opens up trade on other blockchains in the future, the gas fees charged will be  associated with each network added to our altcoin exchange.

What about transaction fees?

There are no fees charged when using SEPA to perform a bank transfer on Altbase. The SEPA system will be available soon on the Altbase app.

Whenever using the credit/debit card option to fund your account or buy crypto, the Simplex card processing system charges 1-3% on transactions, varying based on geographical location and card provider. Altbase does not charge any additional fees.

There are no other fees associated with your Altbase user account. Gas and simplex transaction fees make up the sum total of all charges users can expect to incur.

See information on the Altbase user interface next.

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As part of our commitment to providing stellar customer service, in contrast with other apps and exchanges on the market, a ticket system will be created in order to lodge your specific technical issues to the Altbase development team. Every effort should be sought to use self-help and FAQs to alleviate the issue, with tickets being created for issues that cannot be solved via self-help.

ALTBASE TOKEN TO LIST ON GATE.IO VIA STARTUP SALE
Startup phase: 6AM 12/23 6AM UTC - 6AM 12/24 6AM UTC | Trading Starts: 9AM 12/24 UTC