** Active Commission Ladder makes our services even more cost effective. The higher the processing volume*, the lesser the commission is applied according to the ladder. Active ladder is comprised of tiers which are calculated by volume* per calendar month. For example the initial default commission is set at 0.05% on all the outgoing transactions according to the first tier. Once the transaction volume* exceeds $1 million, the processing commission decreases to 0.045% and so on, as per the ladder.In the beginning of the next month the default commission is set again and the volume needs to be calculated from the beginning. Please be aware that blockchain aggregation fee for every cryptocurrency is on the client side!
The volume itself is comprised of all the deposits and is calculated in USD at the moment of each transaction confirmation by the blockchain.
* Smart Token Collection (STC)
For tokens based on ERC20, Bep-20, TRC20 you are able to generate unlimited number of deposit addresses. Whenever you receive an incoming transaction on any of these addresses the funds must be collected on the main wallet address from which all the withdrawals are done otherwise token balance will be spread among multiple deposit addresses and you won’t be able to do anything with them. The aggregation of tokens requires payment of a blockchain fee in the parent currency (ETH, BSC, TRX) making the whole process cumbersome and ineffective. Luckily thanks to our STC you don’t need to worry about depositing parent currency on a deposit address. The aggregation fee is paid from the Smart Contract that is deployed on the main address during wallet activation. Thus you don’t need to pay the blockchain fees twice and your deposit addresses will have only token balances with zero balance in parent coin. However you need to keep an eye on parent currency balance you have on your main wallet address.
Currencies like Ripple, Stellar etc. requires activation fee for every newly created wallet address.
STC – is our unique feature – Smart Contract that generates deposit addresses (salt addresses) based on the main wallet and automatically aggregates all incoming deposits from deposit addresses to the main wallet address where the Smart Contract is installed.
We use the onboarding fee for wallet activation. That includes setting up the Smart Contract for ETH, BSC and TRX. Few other currencies (i.e. XRP, XLM and BNB) require activation fee based on the blockchain.