Trading Method
Trading Method
Based on Daily Trading Data
Alt.town calculates daily data based on UTC.
Trading Volume : Cumulative DNA trading volume based on UTC+0
Price Change Rate : Current price fluctuation rate compared to the UTC+0 price
Daily Candlestick Chart : Open/High/Low/Close prices during the 24-hour period (or up to the current time) starting from 00:00 UTC
Execution Method
Orders submitted by users are executed according to the following priority based on the submitted order price and time.
Price Priority > Time Priority
Price Priority Principle
When selling, lower-priced orders are prioritized; when buying, higher-priced orders are prioritized.
When multiple people submit buy/sell orders, the sell order with the lowest price and the buy order with the highest price are executed.
Time Priority Principle
When there are multiple buy/sell orders at the same price, orders are executed in the order they were submitted.
Trading Fee/Transaction Fee
1%
Display Standard : Fees are displayed as integers, with any decimal points truncated. The display standard is for informational purposes only; actual transaction records and balances are recorded up to 8 decimal places in the system.
Calculation Method : Transaction amount x Trading Fee/Transaction Fee Rate
Transaction amount = Order Quantity x Order Price
Settlement Method
For Buy Orders, Settlement Amount = Transaction Amount + Trading Fee/Transaction Fee
For Sell Orders, Settlement Amount = Transaction Amount - Trading Fee/Transaction Fee
Gas Fee : We will cover all gas fees used for DNA transactions.
🌟 Trading fees/Transaction fees may vary depending on events.
🌟 During the pre-sale period, you can purchase DNA without any fees.
Order Price Unit
Below 1000 KEY: 1 KEY unit
1000 KEY and above: 10 KEY unit
10000 KEY and above: 100 KEY unit
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