1. Why are the fees so high? What’s the basis?

Meme trading fees consist of two parts:

Trading Fee: A fixed 1% of the transaction amount. This fee helps support platform operations and ongoing improvements to the user experience.

On-chain Gas Fee: This is paid to the miners of the blockchain network for validating and executing transactions. It’s a standard fee in blockchain networks, and the exact amount can vary based on network congestion, transaction complexity, and other factors.

Compared to traditional centralized exchanges (CEX), on-chain trading offers greater transparency and security of assets but comes with higher associated costs.

Gas Fee & Transaction Cost Optimization Tips

Gas fees in on-chain trading fluctuate depending on the blockchain network’s activity. Here are a few suggestions to help minimize transaction costs:

1. Try to avoid peak network congestion times for your trades.

2. Keep an eye on gas fee trends using tools like Etherscan to track current costs.

3. Plan your trade sizes wisely to avoid paying disproportionately high gas fees on small, frequent transactions.

2. Do you offer any commission rebates?

The rebate system will be officially launched on December 12. At that time, users will be able to track their rebate earnings from past transactions. Full details of the rebate program will be announced in advance, so please stay tuned for official updates.

3. Is there a VIP discount for Meme trading fees?

At the moment, AlphaX does not offer VIP discounts for Meme coin transactions. However, the team is actively exploring this feature. In the future, we may introduce a VIP tier system that would offer fee reductions for high-frequency or high-volume traders, helping to optimize transaction costs.

Risk Disclaimer:

Purchasing memecoins through blockchain transactions differs from traditional trading on centralized exchanges and involves unique risks. These may include project rug pulls, third-party service downtime, network congestion, gas fee spikes, and price slippage.

We encourage users to understand the nature of on-chain trading, research projects thoroughly, and take precautions to safeguard their assets. AlphaX is committed to making early-stage memecoin investments simple, accessible, and transparent, helping you discover your Alpha with confidence.