💸Platform Fee

Bee Market will charge fees in three instances:

Order Closure:

Both buyers and sellers can close their orders at any time before the order is executed. A 0.5% fee will be automatically deducted from both parties when reclaiming the deposited funds.

Order Cancellation:

In the event of the seller ghosting, the buyer has the option to cancel the order, reclaim their deposited funds, and receive compensation from the seller's deposited funds.

A 0.5% fee is charged from the buyer's reclaimed total funds, and it is automatically deducted by the smart contract.

Order settlement:

When the order is completed normally, the seller can reclaim their deposited funds and receive the buyer's deposited funds.

0.5% fee is charged from buyer's deposited and 0.5% fee is charged from seller's deposited.