The fees are calculated when a new payment transaction is created.
All conversion rates are set during this step.
The exchange rates and thus fees can only be guaranteed for a certain amount of time. This period is displayed during the payment process. The fees are charged right after the execution of the actual payment-transaction.
The resulting fees are divided into two types:
- Mining / Miner fees of the respective crypto network - these are currently always to be paid by the end customer when sending the amount
- Service fees charged by Salamantex for using the Crypto Payment System. These are divided into unit costs and percentage service fees.
- Unit costs: fixed costs per transaction, partially covered by free units
- Percentage service fees: Proportion of payment received
No additional fees will be charged for the purchase of cryptocurrency or the exchange between cryptocurrency and cryptocurrency or cryptocurrency and FIAT.
However, since we rely on external providers for the internal exchange process, prices are determined by these providers and passed on directly to the licensee. There are no additional system fees.