What is a typical transaction cost?

A typical transaction cost is a calculation of the cost of a transaction, made using a typical spread. The transaction costs are calculated like this: 1% fee + the spread price of the cryptoasset, calculated at the time of the execution of the order. 

 

Note: The execution price will usually be higher for buy positions and lower for sell positions, (depending upon the adjustment) than the mid-market price that you see. This is due to the spread which includes the market spread plus the TBanque fee. You will see the different execution price and corresponding units when you create your order. You are likely to see this reflected as a negative Profit and Loss (PnL). When you create an order, you can see the different execution prices, and the corresponding units.