# Fees

### Buys and sells <a href="#h_213688b393" id="h_213688b393"></a>

Moonshot takes a fee on each trade on our platform to cover administrative costs and provide a smooth experience. The fee can be broken down into the following parts:

1. Network fees: We cover dynamic gas and priority fees on your behalf to ensure that the network prioritizes your order and fills it within seconds. Buying a coin for the first time via blockchains with a "rent" model, such as Solana, will incur an additional one-time network fee.
2. Administrative fees: We charge a fee based on the size of your trade to cover the platform's infrastructure and growth costs.

#### Tiers <a href="#h_c50a6a0c0a" id="h_c50a6a0c0a"></a>

Fees are tiered based on the size of your trades with certain minimums.

| Trade size | Fee                         |
| ---------- | --------------------------- |
| $2-$100    | 2.5% with a \~$0.99 minimum |
| $100+      | 1%                          |

{% hint style="info" %}
By default, trades have a dynamic slippage tolerance of up to 5% to account for price volatility. This means that when placing a trade to buy $100 of a coin, you may receive $95-$105. You can manually change your slippage tolerance by clicking the settings icon at the top left of the buy/sell modal.
{% endhint %}

### Deposits and withdrawals <a href="#h_b36cf800de" id="h_b36cf800de"></a>

Our partner, MoonPay, Inc., charges a fee on each deposit and withdrawal, which varies depending on your payment method. For a complete breakdown, please see their [Fee Documentation](https://support.moonpay.com/customers/docs/all-supported-payment-methods#what-are-the-fees-with-moonpay).

### Sends <a href="#h_499dd62cf1" id="h_499dd62cf1"></a>

Moonshot does not take an administrative fee for sends. The fee can be broken down into the following parts:

1. Network fees: We pay dynamic gas and priority fees on your behalf to ensure that the network prioritizes your transaction and confirms it within a few seconds. Sending coins to new users via blockchains with "rent" features, such as Solana, will incur an additional one-time network fee.


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