Fees

Fees are a hidden part of CoinChat. They help maintainence of the website and continuation of automatic tipping. The fees are thrown back into the automatic tipping pool once deducted.

Tipping fees
Everytime a tip is received, a percentage is deducted.

On all tips to players, 20% of the tip is deducted.

On tips to and from bots, only 2% is deducted as most bots use frequent tipping.

Withdrawal fees
A small fee is taken whenever withdrawal occurs. Withdrawal fees are based on an accruing, sliding scale:


 * 20% fee for the first 10 mBTC.


 * Plus 15% for next 25 mBTC,


 * Plus 10% for next 40 mBTC,


 * Plus 5% for the next 25 mBTC,


 * And finally add 2% for the rest.