Fees

fee structure overview forkast offers a clear and transparent fee structure that balances incentivizing active trading with maintaining the platform’s long term sustainability 1\ taker fee taker fee a 0 25% taker fee applies when your sell order matches an existing order in the order book a taker fee is charged when an order removes liquidity from the market by matching with an existing order note forkast covers all maker fees, meaning placing buy orders does not have a fee 2\ redemption fee a redemption fee of 0 25% is applied when redeeming shares after the completion of a market 3\ conversion fee a conversion fee of 1% is applied when converting platform credits (pc) to usdc, prior to withdrawing funds from the platform examples of fees (if > 0) sell order fee a user places a sell order for 100 tokens priced at 1 pc each sell total 100 pc fee (0 25%) 0 25 pc net received 99 75 pc conversion fee a user holds 100 platform credits and wants to convert them to usdc total conversion amount 100 pc fee (1%) 1 00 pc net redeemed 99 00 usdc