# 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.

{% hint style="info" %}
Price Priority > Time Priority
{% endhint %}

* **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**

{% hint style="info" %}
1%
{% endhint %}

* **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 100 KEY: 1 KEY unit
* 100 KEY \~ 1000 KEY: 10 KEY unit
* 1000 KEY \~ 10000 KEY: 50 KEY unit
* 10000 KEY and above: 100 KEY unit


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