Signing up and using the Peccala platform is free.
Once you’re verified and have invested, we charge three types of fees:
We charge a 15% performance fee on the profit we generate for our customers, on an individual basis every 6 months. That means you will keep 85% of any profits generated.
It also means that if we don’t make you any money over a 6-month period, we don’t charge any performance fee.
The performance fee mechanism is outlined in detail in the article How The 15% Performance Fee Is Calculated And Charged
When you redeem Peccala Tokens, we will deduct a 0.5% redemption fee on the amount being redeemed, after the performance fee is taken.
This fee is not actually going to Peccala. Instead, it is kept in the transfer pool and thereby contributes to the overall Token price (see our Token Litepapers for more information).
We do this to prevent the scalping of our Tokens (buying and selling very quickly), which could negatively impact our Token’s performance.
Yes, as with any crypto transaction there will be blockchain fees to pay.
We'll always aim to deploy to blockchains that enable us to keep gas fees as low as possible (ideally less than a couple of dollars per transaction).
We chose to first deploy on the BNB Smart Chain due to the low fees charged for transactions and the high volumes traded currently on Binance. This allows us to currently charge a flat fee of 1 USDT per Token purchase, redemption, and transfers of USDT from a customer’s Peccala Wallet to an external wallet address.
This tab will only show performance fees that we have actually deducted from your account - which we only do every 6 months that you stay invested, and when you redeem (sell) your Tokens.
You can see how much performance fee would be due if you redeemed (sold) your Peccala tokens right now by clicking the “Net of the Performance Fee” tooltip under Your Portfolio Balance. This is dynamic, based on the profits generated in real-time.