Crypto Strategy manager can adjust/change the structure of his/her Crypto Strategy as often as he/she wants as there is 0 fee charged for that. The only fees paid are trading fees.
- What is "changing the Crypto Strategy structure" trading fee?
It is a fee that is paid by Crypto Strategy followers (investors) when there are structure changes made in Crypto Strategies by Crypto Strategy managers. It is a trading fee paid to the exchanges for Crypto Strategies’ trades executed on the exchanges through ICONOMI platform.
- Trading fee for adjusting/changing the Crypto Strategy structure
is 0.2 % at all times.
- Does this mean that Crypto Strategy follower (investor) pays 0.2% when following the strategy? No.
When a Crypto Strategy Manager changes the structure of his/her strategy, the trading fees are charged only to the % of the change. For example, if the Strategy Manager changes 10% of the structure, that means that the trading fees of 0.2% are charged only for that 10% of the structure changes.
- Is this trading fee competitive? Yes.
0.2% trading fee is below the industry average (below average trading fees on the exchanges). It is lower due to our volumes and advanced market making trading algorithms. Also, there are almost no fees for transferring assets between exchanges due to us pooling assets from multiple Crypto Strategies.
Note: Please find information on other ICONOMI fees here.