Pricing / Commission Charging Policy
HOW MUCH DOES THE BRAVOBOT SERVICE COST?
BravoBot takes a 15% commission from the profit calculated on each trade executed through the BravoBot software.
Profit is defined as the difference between the ultimate selling price of a trade and the ultimate cumulative buying price. For instance, if a coin was bought for $100, and sold for $101, then the profit is $1.
The 15% commission is subtracted from the user's BravoBot account wallet. The maximum amount that BravoBot can charge a user in total commission is $100 over a month.
At the start of each month, the total cumulative commission paid for a user in that month is reset back to $0. To further elaborate, if a user’s total cumulative commission paid to BravoBot in the previous month was $100. Then at the start of the next month, their cumulative commission paid is reduced back to $0, and the user will have to pay the commission again, up to $100 for that month.
WHAT IS THE BRAVOBOT ACCOUNT WALLET?
Exchange Wallet: The wallet which is attached to a cryptocurrency exchange. This wallet is used by the bots to trade on the user's behalf on a cryptocurrency exchange.
Virtual Wallet: This is an abstraction made by a user, on BravoBot, to segment their singular exchange wallet into multiple smaller wallets, only visible on BravoBot. The virtual wallet acts as an abstraction on BravoBot to segment how much currency each bot is allowed to trade with.
BravoBot Account Wallet: A unique wallet that each account on BravoBot has. This wallet is used to pay for commissions generated using the BravoBot software. It has no interaction to the virtual wallet, or the exchange wallet.
WHAT TYPES OF PAYMENTS DOES BRAVOBOT ACCEPT?
BravoBot uses their own deposit system. As of now, BravoBot accepts BUSD deposits with a minimum deposit about of 5 BUSD.
WHAT HAPPENS IF BRAVOBOT CHANGES ITS PRICING STRUCTURE?
BravoBot reserves the right to be able to modify its pricing structure. If BravoBot modifies its pricing structure, BravoBot will notify its users through email of the upcoming changes. BravoBot will notify users of upcoming changes at least 30 days in advance.