Commissions and Rebates FAQ

Get answers to common questions about commissions and rebates.

What's the difference between a commission and a rebate?

Commissions are charged by Paxos and debited from the user account. Rebates are credits from Paxos to the user account.

In what currency are commissions and rebates charged or credited?

Commissions and rebates are charged or credited in the quote currency.

When do you credit rebates or debit commissions?

Rebates are credited and commissions are debited when the order is executed.

When selling, do you need additional funds to cover the commission?

No. The commissions is subtracted from the proceeds of the sale.