|Standard||No monthly fee
|Premier (charged yearly requires a 6 month history)
Premier customers recieve reduced transfer and liquidation rates.
TRANSACTION / BROKERAGE FEES
All transfer fees are based in percentages and calculated on the asset that is being traded. If your trading an asset you will use the same asset to pay fees. Fees are calculated and payed automatically. For example if you trade 20 grams of gold and the fee is 2.5% you will need 0.5 grams of gold in order to send your gold. So the transaction would be a total of 20.5 grams of gold.
When purchasing new coin or assets fees are paid up front during order processing. Brokerage fees will apply for all purchases. Liquidation fees are taken from the asset just like transfer fees. All fees are used for blockchain administration, software development, customer service and secure asset storage.
Liquidating assets will require personal information for tax purposes and is only available for US clients with a valid US address. If your account asset(s) increase in value over time you will be responsible for paying capital gains taxes on your asset. If your asset decreased in value you have the option to file loses on your tax returns.
ASSET PURCHASING FEES
|Credit Card / Paypal||Not accepted
|Bitcoin BTC (tx fee)
|Litecoin LTC (tx fee)
|Ripple XRP (tx fee)||$5.00|
|Galaxycoin (GXY)||6.00 % brokerage fee|
|GalaxyGold (GXYG)||8.00 % brokerage/handling fee|
|GalaxySilver (GXYS)||8.00 % brokerage/handling fee|
|ASSET||STANDARD MEMBERS||PREMIER MEMBERS|
|Galaxyshares (GXYR)||0.75 % per transaction||0.50%|
|Galaxycoin (GXY)||1.50 % per transaction||0.75 % per transaction|
|GalaxyGold (GXYG)||2.50 % per transaction||2.00 % per transaction|
|GalaxySilver (GXYS)||2.25 % per transaction||1.75 % per transaction|
LIQUIDATION FEES (liquidation rules)
|ASSET||STANDARD MEMBER||PREMIER MEMBERS|
|Galaxycoin (GXY) – minimum 1000 GXY||6.00 % brokerage fee||4.00 % brokerage fee|
|GalaxyGold (GXYG) – 1 Troy Ounce increments||15.00 % brokerage fee||12.00 % brokerage fee|
|GalaxySilver (GXYS) – 1 Troy Ounce increments||12.00 % brokerage fee||10.00 % brokerage fee|
Trading Hours: Galaxycoin trading takes place 24 hours 7 days a week. On average transactions take five minutes for full approval but can take as little as two minutes.
Wallet Fees: Fees are subject to change at any time. Check Galaxycoin.io pricing in order to monitor any changes to Galaxycoin fees.