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What is the Trading Fee Structure on Metal Pay?
The base rate for trading fees on Metal Pay is 2% for all sales, and purchases of coins other than BTC, MTL, XPR and USDC.
- BTC has a 1% fee for buying.
- MTL and XPR have a 0.5% fee for buying.
- USDC has 0% fees for buying.
Holding Metal (MTL) gives you a fee reduction when buying and selling cryptocurrency in proportion to your in-app MTL balance:
- If you hold 2,000 MTL you'll get a 25% trading fee discount.
- If you hold 4,000 MTL you'll get a 50% trading fee discount.
- If you hold 10,000 MTL you'll pay 0% trade fees.