Wednesday, November 12, 2014

Bot pricing v4 - Percent fee - Bot Manual

“Percent Fee”

This section will explain the transaction fee, this is the default fee when your trial period ends and you don't subscribe to a license. Please note that the bot is free for non-commercial use, so in that case you will not pay the fees regardless. Click here for more info.

The fee is 2.5% or 3.5% depending if you advertise on your bot. Advertising on Mtgowikiprice is a great tool to get your bot seen, wikiprice gets over 6k views a day. This fee is applied to a buy, sell, or trade transaction. 

If checked the fee is 2.5% of the total value of each transaction. 
If unchecked the fee is 3.5% of the total value of each transaction. 

These fees are recorded on the Online Control Panel under " Transaction fees" You can read more on that here:

This fee is recorded as a positive fee and when the fee reaches over 1 Magic Online Event ticket  in value our bot will come collect the fee from your bot automatically.

Trade example
You can view this fee in multiple places: 
Account Tab

In this example you pay .019 fee but you potentially made .359 tickets.

Continue reading the bot manual...

1 comment:

  1. So if I buy a common at .001 and I advertise on wiki...does your system record .000035 owed to MTGO Library bot? or is there a minimum before you start collecting?