Sleekarena Bitcoins trading platform is a peer-to-peer community | exchange platform. So, registering, buying and selling Bitcoin and other cryptocurrency is completely free.
However, traders that created advertisements are charged commission on trade on our P2P platform and also on the exchanger.
Commission on bitcoin for P2P is 0.8% while commission on litecoin is 1% whether sell or buy trade. So, you need to add 0.8% (for bitcoin advert) or 1% (for litecoin advert) to your percentage markup when you create advert. Commission are deducted in the coins you trade and not in currency.
Ensure you cap these values into your price setting when creating advertisement for your cryptocurrency trades on P2P.
We have a flat rate of 0.35% commission on our cryptocurrency exchange platform.
Deposit and Withdrawal fees
Cryptocurrency deposit to wallets are always free on Sleekarena trading platform. However, commission maybe charged as the need arises especially on currency deposit on the live trading platform.
Note that transactions to other cryptocurrency wallets are subject to network transaction fees. The size of the fee changes depending on the current usage rate of their respective blockchain.
Therefore we automatically adjust these fees based on the current network congestion to ensure your transactions are confirmed as quickly as possible. The transaction fee is paid from your wallet when you send bitcoins or other cryptocurrency out from your wallet.
The deposit and withdrawal fees of other currencies are relatively more stable and duly stated on the flow which range from 0.02% – 3.5%.