Understanding Fees & Service Costs
Motion operates as a fee-for-service platform, applying a transaction-based fee structure to ensure smooth trade execution and continued platform development. This section outlines the costs associated with using Motion for trading on the Movement Network.
Trading Fees
Motion charges a fixed 1% fee on all buy and sell transactions. This fee is automatically deducted at the time of trade execution and does not require additional payment from the user.
Users who join Motion through a referral receive a discounted 0.85% fee instead of the standard 1%.
Failed transactions are not charged, meaning users will only pay fees on successfully executed trades.
Gas and Transaction Costs
In addition to Motion’s service fee, every transaction requires MOVE to cover gas fees. These costs are determined by network congestion and transaction priority settings.
Users can:
Adjust gas settings to optimize transaction speed (Coming soon)
Monitor network conditions to avoid unnecessary high fees during peak times.
Gas fees are not collected by Motion and are paid directly to the Movement Network validators.
Referral Rewards and Fee Reductions
Motion offers a multi-level referral system that allows users to earn a percentage of trading fees from their referrals. By referring other traders, users can accumulate passive earnings while benefiting from a reduced personal trading fee.
Direct referrals provide 25% of the total fee collected from the referred trader’s transactions.
Additional referral levels provide 4%, 3%, 2%, and 1% rewards from the trading activity of indirect referrals.
Users can claim referral earnings once they reach the minimum withdrawal threshold.
No Subscription Fees
Motion does not require any upfront payments or recurring subscription fees. Users only incur costs when executing trades, making it a pay-as-you-go system.
Summary of Fees
Trading Fee: 1% per buy/sell transaction (0.85% for referred users)
Gas Fees: Determined by network congestion and transaction priority
Referral Earnings: Percentage of trading fees collected from referrals
No Additional Charges: No subscriptions or hidden fees
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