Fee System
No Hidden Costs
Once you start using the Coinpanion platform, you can find the exact amount of all fees in your transaction history. The administration fee is calculated daily (00:00 UTC) and subtracted at the end of the month. Transaction fees are deducted directly as soon as a transaction is made.
The Management Fee
The management fee is 2 percent per year including VAT and is calculated every month. The calculation is based on the value of your entire Coinpanion portfolio, which is calculated daily (00:00 UTC). At the end of each month, the fee is deducted from the portfolio.
Example:
Rebalancing: Sale of Bitcoin, purchase of Ethereum during the weekly risk optimisation
1,000 Euros portfolio value, Balanced Portfolio (60% held in the crypto market)
For this example, it is assumed that 2.5% of the cryptocurrencies are sold during the rebalancing
Sale of Bitcoin on 01.01.202X amounts to: 1,000 * 60% * 2.5% = 15 Euros
Fee on 01.01.202X: 15 * 1% = 0.15 Euros
To optimise the risk, Ethereum is purchased for the same amount
Purchase of Ethereum on 01.01.202X: 15 Euros
Fee on 01.01.202X: 15 * 1% = 0.15 Euros
Settlement on 01.01.202X: 0.15 + 0.15 = 0.30 Euro