Redeeming (Burning) HK2B - Fees

What is the minimum redemption size for HK2B?

The minimum redemption amount for HK2B is HKD10,000. Requests below this threshold will not be processed.

What is the redemption fee for HK2B?

A transaction-based redemption fee of 0.1% ofthe nominal amount applies to each redemption request, subject to a minimumfee of HKD 100. For example:

  • On a HKD 100,000 redemption, the fee is HKD 100 (0.1%).
  • On a HKD 50,000 redemption, the fee is HKD 100 (minimum charge applies).

Are there any additional platform fees forredeeming HK2B?

No additional platform fees apply for the coreredemption process until further notice. The only redemption-related charge isthe 0.1% transaction fee (minimum HKD 100).

What fees apply when transferring redeemed HK2B out of the Trade2B platform? 

There are no additional platform fees for stablecoin transfers (out) after issuance or redemption. Clients are responsible for any applicable gas or network fees on the blockchain.

Are there any fees for outgoing fiat transfersafter redemption?

FIAT Transfer-out fees associated with processing outgoing fiat transfers after redemption are waived.

How is the redemption fee calculated and charged?

The fee is calculated as 0.1% of the nominal HKD value of the HK2B being redeemed, with a minimum of HKD 100 per request. The exact fee amount will be clearly displayed on the platform before you confirm your redemption request.

Where can I view the latest redemption fees?

All fees, including redemption fees, are transparently disclosed:

  • During the redemption process on the platform before confirmation.
  • In the official Fee Table on our website.

Do redemption fees apply to every request?

Yes, the 0.1% fee (minimum HKD 100) applies to each redemption request that meets the minimum size of HKD 10,000.

Will I receive confirmation of the redemption feecharged?

Yes. Upon processing, you will receive a client notification email with full details of the redemption, including the HK2B amount redeemed, the exact fee collected, and other transaction information.


IMPORTANT NOTICE:
The information and content in this section are not a solicitation / invitation / recommendation and is not an investment advice. You are advice to seek independent advice from professionals before, including but not limited to buying / selling / holding / exchanging / swapping / engaging business / making any decisions related to Stablecoins / Digital Assets / Virtual Assets. 
IF YOU ARE UNSURE, PLEASE CONSULT FOR INDEPENDENT AND PROFESSIONAL ADVICE NOW.
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