Trading on Saturn Network incurs two types of fees:
- Trade fee: charged by Saturn Network on all Market Taker trades.
- Gas fee: charged by the Ethereum or Ethereum Classic network on all smart contract transactions.
Please note as our platform is decentralized, every operation happens on chain so you will always be required to pay a gas fee. You can learn more about our exchange's architecture here.
- 0.25% for market takers.
- 0% for market makers.
Every Ethereum or Ethereum Classic transaction involves a gas fee which is paid to the miners for securing the network. On Saturn Network, transactions are required when trading (buying or selling), for order creation, and canceling an order.
- Ethereum: You can adjust and set the gas price or gwei via your wallet when submitting an ETH transaction, we recommend using the gas price set by your wallet to avoid failed transactions as it ranges from 1 to 20 gwei or check https://ethgasstation.info.
- Ethereum Classic: The gas price for ETC transactions does not vary as frequently as ETH, you should be fine submitting transactions at 1 gwei. If in doubt you can always check http://etcstats.net/.
Unlike other decentralized exchanges, all trading is wallet to wallet which means depositing and withdrawing transactions do not exist on Saturn Network.