1. Selling a DAA
Selling a DAA is just as easy as buying it. Log into the ICONOMI platform and follow these steps:
Sell: Login > Dashboard > Sell > Select Digital Asset you want to receive > Enter the Amount to sell or Amount of Digital Assets to receive > Follow the on-screen instructions
- Minimum amount per buy/sell: $10.00
- Daily buy/sell limit (per 24h): $10,000.00
Fees will vary depending on the DAA.
BLX DAA fees:
- Buy: no fee
- Sell: 0.5% exit fee per transaction
- Management Fee: 3%. A portion of the management fee is charged daily from total AUM (Assets Under Management). Formula for management fee: 3%/365 = daily charge (3%/365 = 0.00821% per day). This does not change a number of tokens users are holding.