50x.com crypto exchange commissions

On the platform 50x.com (go online) Trade fees are officially listed for 38 tokens in 1406 cryptocurrency pairs. Fees are specified as a percentage of the transaction.

The platform offers its own A2A token to pay fees. It is issued by a smart contract on the INTERNAL blockchain. When registering and confirming an account at 50x.com, 250 A2A tokens are credited to a new user’s wallet. These cannot be withdrawn from the exchange or used in any way other than to pay fees when trading any trading pair. But the exchange tokens subsequently purchased can be used as any other cryptocurrency.

Top 5 best cryptocurrency exchanges

Using A2A to pay commissions is not required, but first, they are free to the new customer, which allows you not to spend any coins you buy. Second, A2A fees are cheaper than other coins. The rules of the platform stipulate the need to have a sufficient number of A2A tokens in the user’s account. But if you do not have them, deductions will be charged in other cryptocurrencies, which are in the wallet. And if they are not enough, the exchange will take money from the orders.

When trading cryptocurrencies in trading pairs presented on the crypto exchangeIf the BAEX token is the base or quote currency, the charge is 0.25% on limit, market and SLTP orders, provided that the charge is in A2A tokens. If without A2A, it is charged 0.2% on similar orders. Indefinite orders are charged 0.4% if not in A2A. In A2A pairs c BTC, ETHas well as BTC/ETH, ETH/A2A and ETH/BTC trade fees are 0.05% in A2A tokens, limit, market and SLTP orders are charged 0.1% on term and open-ended orders regardless of the settlement token. Perpetual orders are charged 0.2%.

In pairs where the internal token 50X is the base token, the charges to A2A are 0.1%, term and open-ended orders regardless of the settlement token are charged 0.2%, and open-ended orders without A2A tokens are charged 0.4%. The exchange token itself is also used as the base currency in the pair and is charged the same fees. The same as on trades in all other pairs with base coins AIV, BCH, BNB, BTC, DASH, DOGE, ETH, etc.

By the way, on the trading fees page, which is presented in the form of a table of cryptocurrencies, each row is active. When a user clicks on it, he goes to a third-party site that is associated with that cryptocurrency. For example, clicking on BTC takes the client to the Bitcoin site, or clicking on BNB opens the exchange Binance. If you activate a token related to 50x.com, the trading terminal of this exchange opens.

Withdrawal fees

The fees that are charged when withdrawing crypto to third-party wallets are not specified in percentages, but in specific values.

As an example, the deductions for the withdrawal of the most popular cryptocurrencies at the moment:

• Bitcoin: 0.0005 BTC
• Ethereum: 0.002604 ETH
• Tether USDT: 15.804851 USDT
• USD Coin: 15.491658 USDC
• Binance Coin: 0.002 BNB
• Cardano: 1 ADA
• XRP: 0.25 XRP
• Binance USD: 1 BUSD
• Polkadot: 0.1 DOT
• Dogecoin: 2 DOGE

In the fee table on the site, as with the trading fees, each line is active and leads to the resource of the developers of the coin or to the exchange where it is traded. However, when transferring funds from the exchange, there is no need to visit the page where all the fees are listed. Withdrawal is carried out in the wallet, which you can enter on the page “Account” or through the trading terminal. Withdrawal service is activated in the table of cryptocurrencies, by clicking on the icon with an arrow pointing up. In the service, in the “Withdraw” tab, under the indicator of the account status and funds available for transfer from the exchange, the commission of the selected coin is indicated.

Fees can change over time or when market conditions change, so you should check them every time before making a transaction.

It should be noted that 50x.com offers collection terms to choose from: if the cryptocurrency is transferred to the address of this platform, the commission is fixed, if the coins are transferred to a third-party service, the commission depends on the blockchain load of the selected cryptocurrency. The exchange offers a different commission for each specific coin. There are no deductions for the exchange when coins are credited to the wallet from third-party sources, but you need to take into account the commissions of systems from which the transfer is made to the account 50x.com.

Other commissions

On the platform 50x.com, users can be lenders, as part of the cryptocurrency loan project, which is still in beta-testing stage. According to the terms of the project, the lender issues a so-called “loan order” and it is not the platform, but the lender himself assigns a commission, which is paid by the borrower. However, the exchange determines what coins are accepted as collateral for the loan, so far these are AEX, BTC, ETH, LTC, TUSD, USDC, and USDT coins.