In Gokumarket users have the option of choosing how to pay the trading fees. Users can choose from GMC or Market Currency. By default, GMC will be selected, however, users can change to Market Currency.


1. Deduct fees from GMC: Users can choose to pay the trading fees in GMC if one has sufficient balance. The fees deducted will be 0.1 %. Users would just need to enable the GMC fees option under settings. 

  • Logon to www.gokumaket.com
  • Login using the registered email and password
  • Hover over to the User icon on the top right of the screen
  • Click on Settings and then click on GMC from the trading Fess Option on the right, to enable


2. Deduct fees from Market Currency:  Users can choose to pay the trading fees in Market Currency i.e BTC, ETH, USDT if one has sufficient balance. The fees will be 0.15 %. Users would just need to enable the Market Currency option under settings. 

  • Logon to www.gokumaket.com
  • Login using the registered email and password
  • Hover over to the User icon on the top right of the screen
  • Click on Settings and then click on Market Currency from the trading Fess Option on the right, to enable


3. Deduct fees from Output Currency: If for instance, the user does not have sufficient Market Currency balance the Fee will be automatically charged from the output currency. Fees will be 0.15 %


Scenarios

1. User has selected GMC but no sufficient balance to pay the fees: In such a case the fees will be deducted from Market Currency.

2. User has selected Market Currency but no sufficient balance to pay fees: The fees will be deducted from the Output currency.