|Standard||No monthly fee
|Premier (charged yearly requires a 6 month history)
Premier customers recieve reduced transfer and liquidation rates.
TRANSACTION / BROKERAGE FEES
All fees are percentages and calculated using Galaxycoin (GXY). All fees are calculated and payed automatically. When purchasing new coin or assets, fees are paid in US Dollars during order processing. If purchasing assets or coins using a credit card a processing fee will be added to your order. If you want to avoid credit card transaction fees there are no transaction fees for purchasing Galaxycoin or assets using Bitcoin or Direct Deposit. Brokerage fees will apply for all purchases and liquidation.
Fees for moving coins, assets or liquidation are deducted directly from your Galaxycoin (GXY) account. Brokerage fees are applied for new coins, new assets and liquidation. Current market prices will be used to determine asset values and then fees will be automatically calculated. 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. Galaxycoin is not currently open for foreign client investment. We will be adding countries over time. Receiving gold bullion takes 15-20 business days and is sent by United States Postal Service. If your account assets 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.
|Credit Card / Paypal||No longer accepted
|Bitcoin BTC (tx fee)
|Ripple XRP (tx fee)
|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|
|ASSET||STANDARD MEMBER||PREMIER MEMBERS|
|Galaxycoin (GXY) - minimum 500 GXY||6.00 % brokerage fee||4.00 % brokerage fee|
|GalaxyGold (GXYG) - 20 gram increments||15.00 % brokerage fee||12.00 % brokerage fee|
|GalaxySilver (GXYS) - 20 gram increments||12.00 % brokerage fee||10.00 % brokerage fee|
Trading Hours: Galaxycoin and Asset trading takes place 24 hours 7 days a week. On average transactions take 20 minutes for full approval but can take as little as two minutes for approval. Premier customers receive discounted trading rates.
Wallet Fees: Fees are subject to change at any time. Check Galaxycoin.io pricing in order to monitor any changes to Galaxycoin fees.