Fee Structure on the Orbita Notes Trading Platform
1. Standard Trading Fees
The platform applies a base fee for every transaction, calculated as a percentage of the total trade value. These fees cover operational costs, liquidity maintenance, and platform management.
- Base Trading Fee:
- 0.15% of the total trade value for both buy and sell orders.
- Applied automatically at the time of trade execution.
2. Maker and Taker Fee Model
The maker-taker fee structure incentivizes liquidity by rewarding users who place limit orders that add to the order book (makers). Takers, who remove liquidity by executing against the order book, incur slightly higher fees.
- Maker Fee:
- 0.10% for orders that add liquidity to the market.
- Taker Fee:
- 0.15% for orders that remove liquidity from the market.
This model encourages market stability and liquidity, benefiting all participants.
3. Volume-Based Discounts
The platform offers tiered fee discounts based on cumulative monthly trading volume. Active traders who engage in high-volume transactions enjoy reduced fees, fostering continuous trading activity.
Monthly Trading Volume (in Central Ura) | Maker Fee | Taker Fee |
0 – 10,000 Central Ura | 0.10% | 0.15% |
10,001 – 50,000 Central Ura | 0.08% | 0.12% |
50,001+ Central Ura | 0.05% | 0.10% |
4. Primary and Secondary Market Fees
Fees differ slightly between the primary market (new issuances) and the secondary market (existing notes).
- Primary Market Subscription Fee:
- A fixed 0.5% fee applies to all new subscriptions during the issuance period.
- Secondary Market Trading Fee:
- Standard 0.15% fee per trade for buy or sell transactions on the secondary market.
5. Withdrawal & Deposit Fees
While deposits are free, withdrawal fees apply to cover network and processing costs. This ensures smooth operations and quick transactions.
- Central Ura Withdrawal Fee:
- 0.5 Central Ura per withdrawal transaction.
- Orbita Notes Withdrawal Fee:
- 0.1% of the withdrawal amount, with a minimum fee of 1 Central Ura.
6. Annual Management Fees for Fund Managers
Fund managers using the platform to manage portfolios incur annual management fees. These fees support operational guidance, reserve management, and compliance monitoring.
- Annual Management Fee:
- 0.75% of the total portfolio value under management.
- Performance-Based Fee:
- 10% of any returns exceeding predefined benchmarks, incentivizing optimal portfolio performance.
7. Cross-Platform Trading Fees
Trades executed through third-party platforms integrated with the Orbita Notes marketplace, such as Stellarterm, may incur additional fees.
- Third-Party Platform Fees:
- Disclosed at the time of trade placement, covering platform interoperability.
- Cross-Platform Liquidity Fees:
- A nominal fee ensures liquidity between the Orbita Notes Trading Platform and external markets.
8. Promotional Discounts and Incentives
The platform offers promotional discounts to encourage participation and reward early adopters. These incentives are periodically updated to align with market trends.
- New User Discounts:
- 50% off trading fees for the first 30 days of account activation.
- Institutional Partner Discounts:
- Custom fee structures are available for institutional traders managing large portfolios.
- Referral Bonuses:
- Users referring others earn fee rebates or trading credits.
9. Compliance and Governance Fees
Certain transactions or fund management activities may require additional compliance support. These fees cover reporting, audits, and governance obligations.
- Compliance Reporting Fee:
- 0.2% of portfolio value for annual compliance reporting.
- Audit Support Fee:
- Flat fee of 2 Central Ura for external audit preparations.
10. Benefits of the Transparent Fee Structure
The fee structure of the Orbita Notes Trading Platform promotes transparency, liquidity, and trust by ensuring participants understand and anticipate costs.
- Clear and Predictable Fees:
- No hidden charges, providing participants with full visibility of costs.
- Incentives for Liquidity Providers:
- Maker fees are lower, encouraging liquidity and market stability.
- Rewards for Active Traders:
- Volume-based discounts foster continuous market participation.
- Conclusion
The fee structure on the Orbita Notes Trading Platform is designed to align with the principles of the C2C Monetary System, ensuring fairness, efficiency, and sustainability. Through transparent fees, promotional discounts, and incentives for liquidity, the platform promotes an active and well-functioning marketplace.
Whether engaging in primary issuances, trading on secondary markets, or managing portfolios, participants benefit from competitive and predictable fees. This structure supports seamless trading, attracts institutional and retail investors, and ensures alignment with best practices in governance and compliance. As the marketplace expands with new offerings like BTA2 and BTA3, the platform remains committed to promoting trust, transparency, and long-term financial sustainability