Zutopia is built differently from a traditional centralised cryptocurrency exchange, and this affects how its fee structure works.
Instead of charging trading fees based on an order book model, Zutopia charges a transaction fee per trade. This fee is used to cover the cost of processing payments and payouts through Stripe, since trades are completed directly between users (peer-to-peer) rather than through a central exchange.
How This Differs From Traditional Exchanges
On traditional exchanges, users typically:
Trade through an order book system
Pay separate trading, withdrawal, and network fees
May be subject to additional platform or maker/taker fees
On Zutopia:
Trades happen directly between buyers and sellers
Fees are applied per completed transaction
Payments and payouts are handled through Stripe
Important Notes
Zutopia transaction fees apply only to buying and selling Zucoins for fiat currency through the marketplace.
Wallet-to-wallet Zucoin transfers are separate and do not include marketplace fees.
All applicable fees are shown before you confirm a trade.