Articles on: FAQ

Fees on Peachee

This article serves to highlight how fees work on Peachee.

Fee Types

Convenience Fee

Each transaction made through Peachee includes a 1% convenience fee from the buyer in addition to any other fees that may inherently apply; whether there’s a buy tax, DEX swap fee, or credit card processing fee.

Note: Peachee collects the 1% convenience fee on swaps.

Fiat On-Ramping (Powered by Unlimit Crypto)

Europe and Brazil Card Payments:

(All Other) International Card Payments:

Note: Unlimit's fee is its own and Peachee does not receive a revenue share.

Network Fees

Most blockchains charge a network fee, commonly known as "gas". This fee serves to maintain the network itself and does not go to Unlimit or Peachee.

Some blockchains' network fees are steeper than others, so do take this into consideration when making a purchase. Generally, network/gas fees will be significantly higher on Ethereum than Binance Smart chain, for instance. To find more live information about gas fees for a specific chain, be sure to check that blockchain's block explorer website (i.e. BSCscan, EtherScan, etc.).

Buy/Sell Taxes on Tokens

Some tokens, such as Grove Coin, have buy/sell taxes built directly into their smart contracts. Reflection-based tokens use buy/sell taxes to create a trickle of tokens from each sell that can serve many purposes - small payouts to holders, auto-generating liquidity, and more.

If a token has a buy tax, you will notice that you receive fewer tokens than you otherwise would if there was no buy tax. This type of tax/fee is up to the developers of a given protocol and Peachee has no control over this.

Note about fees

Different transactions will incorporate different combinations of these fees mentioned above. A buy from native coin to a token will require different fees than if you were to on-ramp from fiat directly to a token with a 10% tokenomic buy tax.

Updated on: 25/08/2023

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