The exchange charges fees only for orders or partial orders that are immediately filled. The charged fee is calculated on the immediately filled amount only. No fees will be charged for orders that are not immediately filled.
|Place an order||free|
|Cancel an order or partial order||free|
|Order or partial order immediately filled - buy or sell ETH||0.82 EDO for each ETH|
|Order or partial order immediately filled - buy or sell USDT||0.0036 EDO for each USDT|
|Order or partial order not immediately filled||free|
Trading fees are charged in EDO tokens.
The max fee value shown in the order creation form is the upper bound of the fee you’ll pay if your order is immediately filled.
In order to trade on the Exchange you need to create a smart wallet (named Trading Wallet). The Exchange is allowed to perform operations on the Trading Wallet every time an order is filled.
That's the reason why we call it Eidoo Hybrid Exchange.
All the transactions between your Personal and Trading Wallet are transactions on the Ethereum blockchain therefore subjected to blockchain fees.
Blockchain fees are paid to miners using your Personal Wallet funds and Eidoo does not profit from them.
|Create the trading wallet||Ethereum blockchain fee|
|Deposit from personal to trading wallet||Ethereum blockchain fee|
|Withdraw from trading to personal wallet||Ethereum blockchain fee|
To create the trading wallet, you must perform a one-time 0 ETH transaction, therefore the creation cost will be relative only to the blockchain fee.