At Amplify we are believers in the fundamental change that cryptocurrency can bring to the world and we want to support that growth by ensuring our fee structure is in line or lower than current industry standards.
Below is our fee structure and you will be informed every step of the way throughout your trading experience of fees you are being charged prior to the charge occurring.
Account Registration & Monthly Fee
No fees are charged for registering or holding an account on a monthly basis. There is no minimum balance required so you can open your account with no cryptocurrency or fiat.
Commission Free Trading - No Fees!
Amplify is commission free on any retail trades that are executed on the platform! This applies to all trading pairs listed on the exchange.
Using AMPX Token for Transaction Fees
Amplify will use the AMPX token to facilitate transactions and allow users to access different aspects of the exchange. If you hold AMPX in your account, you have the option of having your fees automatically subtracted from your AMPX balance. There is a 50% discount for using AMPX to pay for transaction fees. You can opt into this from your Profile under Account Settings by clicking the link in the upper left corner of the page. Users of AMPX tokens will also receive increased access to various platform functionalities. Amplify plans to implement various discounted fee structures to benefit its token holders as more features are released.
Amplify charges no fees for any deposits. For cryptocurrencies you will incur a network charge that goes to the network of the coin or token you are sending but no portion is received by Amplify.
Amplify has a fee schedule based on our offering of commission-free trading and the estimated transaction costs of the network fee for the token or coin you are withdrawing. In general, this fee ranges from $1.50 to $5USD Each coin or token that is on our platform has a unique fee associated with the product. Withdraw fees will be updated dynamically depending on a variety of factors including current price of coin/token, network fees, and deposit/withdraw activity.