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arrow In depth - Pecunix fee structure




Pecunix Fee Structure

  • All payment fees are denominated in
    GAU (grams of gold).
  • The payment fee is 0.50% of the payment amount up to 100.00 GAU and 0.15% of any amount over 100.00 GAU to a maximum fee of 3.00 GAU.
  • The minimum fee payment is 0.0001 GAU.
  • A payment fee is rounded up to the nearest 10,000th of a GAU.

Examples:

Payment Amount

Fee

10 GAU

0.50% fee on the first 10 GAU = 0.05 GAU
0.15% for the remaining 0 GAU = 0 GAU

Total Fee=0.05 GAU

100 GAU

0.50% fee on the first 100 GAU = 0.5 GAU
0.15% for the remaining 0 GAU = 0 GAU

Total Fee=0.5 GAU

300 GAU

0.50% fee on the first 100 GAU = 0.500 GAU
0.15% for the remaining 200 GAU = 0.3 GAU

Total Fee=0.8 GAU

600 GAU

0.50% fee on the first 100 GAU = 0.500 GAU
0.15% for the remaining 500 GAU = 0.75 GAU

Total Fee=1.25 GAU

800 GAU

0.50% fee on the first 100 GAU = 0.500 GAU
0.15% for the remaining 700 GAU = 1.05 GAU

Total Fee=1.55 GAU

2500 GAU

0.50% fee on the first 100 GAU = 0.500 GAU
0.15% for the remaining 2400 GAU = 2.5 GAU
Maximum fee of 3.000 GAU applies

Total Fee=3 GAU

8000 GAU

0.50% fee on the first 100 GAU = 0.500 GAU
0.15% for the remaining 7900 GAU = 2.5 GAU
Maximum fee of 3.000 GAU applies

Total Fee=3 GAU


Fees are deducted automatically when each transaction is processed. There are 3 options: payer pays fees, payee pays fees, or the fee is divided 50/50 between the two.

Note: Pecunix may negotiate a reduction in fees with selected high usage Pecunix customers (e.g. Pecunix PREOs).


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