Trading Fees

Overview

YC365 operates with a transparent and competitive fee structure designed to maintain platform sustainability while keeping costs low for traders. Understanding our fee structure helps you make informed trading decisions and calculate your potential returns accurately.

Fee Structure

Platform Trading Fee

Standard Trading Fee

Rate: 0.15% (1.5/1000) of trade value
Application: Applied to all executed trades
Calculation: Fee = Trade Value × 0.0015
Deduction: Automatically deducted from trade proceeds

Fee Calculation Method

Trade Value: Calculated as Token Quantity × Execution Price
Fee Base: Fees calculated on the total value of executed trades
Rounding: Fees rounded to 6 decimal places
Currency: All fees calculated and paid in USDT

Network Fees (Gas Fees)

BSC Network Fees

Blockchain: Binance Smart Chain (BSC) network fees
Variability: Fees vary based on network congestion
Typical Range: 0.005 - 0.02 USDT per transaction
Payment: Paid in BNB (automatically converted)

Gas Fee Components

Order Placement: Gas fee for submitting orders to blockchain
Order Cancellation: Gas fee for cancelling orders
Trade Execution: Gas fee for executing matched trades
Settlement: Gas fee for event settlement and token redemption

Detailed Fee Examples

Trading Fee Examples

Example 1: Buying YES Tokens

Scenario: Buy 1,000 YES tokens at 0.60 USDT each

Calculation: - Trade Value: 1,000 × 0.60 = 600 USDT - Platform Fee: 600 × 0.0015 = 0.90 USDT - Gas Fee: ~0.01 USDT (estimated) - Total Cost: 600 + 0.90 + 0.01 = 600.91 USDT

Example 2: Selling NO Tokens

Scenario: Sell 500 NO tokens at 0.75 USDT each

Calculation: - Trade Value: 500 × 0.75 = 375 USDT - Platform Fee: 375 × 0.0015 = 0.5625 USDT - Gas Fee: ~0.01 USDT (estimated) - Net Proceeds: 375 - 0.5625 - 0.01 = 374.4275 USDT

Example 3: Multiple Partial Fills

Scenario: Buy order for 2,000 tokens filled in 3 parts

Fill 1: 800 tokens at 0.55 USDT - Trade Value: 800 × 0.55 = 440 USDT - Platform Fee: 440 × 0.0015 = 0.66 USDT

Fill 2: 700 tokens at 0.56 USDT - Trade Value: 700 × 0.56 = 392 USDT - Platform Fee: 392 × 0.0015 = 0.588 USDT

Fill 3: 500 tokens at 0.57 USDT - Trade Value: 500 × 0.57 = 285 USDT - Platform Fee: 285 × 0.0015 = 0.4275 USDT

Total: - Combined Trade Value: 1,117 USDT - Combined Platform Fees: 1.6755 USDT - Combined Gas Fees: ~0.03 USDT (3 transactions) - Total Cost: 1,117 + 1.6755 + 0.03 = 1,118.7055 USDT

Settlement Fee Examples

Winning Position Settlement

Scenario: Hold 1,000 YES tokens, event resolves to YES

Settlement: - Token Value: 1,000 × 1.00 = 1,000 USDT (YES tokens worth 1 USDT each) - Platform Fee: Already deducted during original trade - Gas Fee: ~0.01 USDT (settlement transaction) - Net Settlement: 1,000 - 0.01 = 999.99 USDT

Losing Position Settlement

Scenario: Hold 800 NO tokens, event resolves to YES

Settlement: - Token Value: 800 × 0.00 = 0 USDT (NO tokens worth 0 USDT each) - Platform Fee: Already deducted during original trade - Gas Fee: 0 USDT (no settlement needed for worthless tokens) - Net Settlement: 0 USDT

Fee Transparency

Real-time Fee Display

Order Placement Interface

Fee Preview: Estimated fees shown before order submission
Total Cost: Complete cost breakdown including fees
Fee Calculator: Interactive fee calculator available
Gas Estimate: Real-time gas fee estimates

Trade Confirmation

Exact Fees: Precise fee amounts displayed at confirmation
Fee Breakdown: Detailed breakdown of all fee components
Net Amount: Clear display of net proceeds or costs
Receipt: Complete transaction receipt with all fees

Fee History and Tracking

Portfolio Dashboard

Fee Summary: Total fees paid over different time periods
Fee Analytics: Fee analysis and trends
Tax Reporting: Fee data formatted for tax purposes
Export Options: Download fee data in various formats

Transaction History

Per-Trade Fees: Fees associated with each individual trade
Cumulative Fees: Running total of fees paid
Fee Categories: Breakdown by fee type (trading, gas, etc.)
Time Filters: Filter fee data by date ranges

Fee Optimization

Minimizing Trading Fees

Order Size Optimization

Larger Orders: Larger single orders are more fee-efficient than multiple small orders
Order Batching: Combine multiple small trades into larger orders when possible
Threshold Analysis: Calculate minimum trade sizes for cost-effectiveness

Timing Strategies

Gas Price Monitoring: Execute trades during low gas price periods
Network Congestion: Avoid trading during peak network activity
Fee Forecasting: Use historical data to predict optimal trading times

Gas Fee Management

Network Optimization

Gas Price Settings: Adjust gas price settings based on urgency
Transaction Batching: Batch multiple operations when possible
Off-Peak Trading: Trade during off-peak hours for lower gas fees
Fee Alerts: Set up alerts for favorable gas price conditions

BSC Network Efficiency

Fast Confirmation: BSC's fast block times reduce waiting costs
Low Base Fees: BSC's low base fees compared to other networks
Predictable Costs: More predictable gas costs than other networks

Fee Comparison

Industry Comparison

Traditional Prediction Markets

Centralized Platforms: Typically 2-5% fees
YC365 Advantage: 0.15% significantly lower than traditional platforms
Hidden Fees: Many platforms have hidden withdrawal or deposit fees
Transparency: YC365 provides complete fee transparency

Other DeFi Platforms

DEX Trading: Typically 0.25-0.30% plus gas fees
AMM Platforms: Often 0.30% plus slippage costs
Competitive Positioning: YC365's 0.15% rate is highly competitive
Added Value: Lower fees with prediction market specialization

Fee Value Proposition

Platform Benefits

Infrastructure: Fees support platform development and maintenance
Security: Fees contribute to security audits and improvements
Liquidity: Fees help incentivize market making and liquidity provision
Innovation: Fees fund continued platform innovation and features

User Benefits

Low Costs: Among the lowest fees in the prediction market space
Transparency: Complete transparency in fee structure and calculation
No Hidden Fees: No additional deposit, withdrawal, or account fees
Value: High-quality trading experience at competitive costs

Special Fee Situations

Fee Waivers and Discounts

Current Policy

No Discounts: Currently no volume-based discounts available
Equal Treatment: All users pay the same fee rate
Future Considerations: Volume discounts may be considered in the future

Promotional Periods

Launch Promotions: Occasional promotional periods with reduced fees
Event Specials: Special fee rates for specific events or periods
Community Rewards: Potential fee rebates for community participation

Fee-Free Operations

No-Fee Activities

Order Placement: No fee for placing orders (only gas fees)
Order Cancellation: No platform fee for cancelling orders
Account Management: No fees for account-related activities
Information Access: No fees for accessing market data and information

Gas-Only Operations

Deposits: Only gas fees for depositing funds
Withdrawals: Only gas fees for withdrawing funds
Portfolio Viewing: No fees for viewing portfolio and history

Fee Payment and Processing

Payment Method

Automatic Deduction

Trade Execution: Fees automatically deducted during trade execution
USDT Payment: All platform fees paid in USDT
Real-time Processing: Fees processed immediately with trades
Smart Contract: Fee deduction handled by smart contracts

Gas Fee Payment

BNB Required: Gas fees paid in BNB (BSC's native token)
Automatic Conversion: Platform may facilitate BNB acquisition
Wallet Balance: Users responsible for maintaining BNB balance
Fee Estimation: Real-time gas fee estimation provided

Fee Distribution

Platform Operations

Development: Fees support ongoing platform development
Maintenance: Fees cover infrastructure and operational costs
Security: Fees fund security measures and audits
Customer Support: Fees support user support services

Future Enhancements

Feature Development: Fees fund new feature development
Scaling Solutions: Fees support platform scaling initiatives
Community Programs: Potential community reward programs
Ecosystem Growth: Fees support overall ecosystem development

Tax Implications

Trading Fee Tax Treatment

Tax Deductibility

Business Expense: Trading fees may be deductible as business expenses
Investment Costs: Fees may be treated as investment-related costs
Jurisdiction Dependent: Tax treatment varies by jurisdiction
Professional Advice: Consult tax professionals for specific guidance

Record Keeping

Fee Documentation: Platform provides complete fee records
Tax Reports: Fee data available in tax-friendly formats
Historical Data: Complete historical fee data maintained
Export Features: Easy export of fee data for tax purposes

Reporting Requirements

Documentation Provided

Transaction Records: Complete transaction history with fees
Annual Summaries: Annual fee summaries available
Real-time Data: Real-time access to all fee information
Multiple Formats: Data available in various formats (CSV, PDF, etc.)

Tax Jurisdiction Considerations

Local Regulations: Users responsible for local tax compliance
Professional Guidance: Recommend consulting tax professionals
Record Maintenance: Users should maintain their own tax records
Regulatory Changes: Stay informed about changing tax regulations

Future Fee Structure

Planned Enhancements

Volume-Based Discounts

Tiered Structure: Potential introduction of volume-based fee tiers
Loyalty Rewards: Possible loyalty program with fee benefits
Market Maker Incentives: Special rates for liquidity providers
Community Benefits: Fee benefits for active community members

Token-Based Benefits

Platform Token: Potential platform token for fee discounts
Staking Rewards: Fee discounts for token staking participants
Governance Participation: Fee benefits for governance participation
Long-term Holdings: Rewards for long-term platform users

Technology Improvements

Layer 2 Integration

Reduced Gas Fees: Layer 2 solutions for lower gas costs
Faster Transactions: Improved transaction speed and efficiency
Scalability: Enhanced platform scalability and capacity
User Experience: Better overall user experience

Fee Optimization

Smart Routing: Intelligent routing for optimal fee structures
Batch Processing: Enhanced batch processing for fee efficiency
Dynamic Fees: Potential dynamic fee structures based on market conditions
Cross-chain Support: Multi-chain support for fee optimization

For the latest information on trading fees and fee structure updates, please check our official announcements.