# Market and auction component fees

## Marketplace fee

Marketplace fee is a fee charged by metapro for facilitating transactions between buyers and sellers.

{% hint style="warning" %}
metapro charge **5%** marketplace fee for INS auctions
{% endhint %}

{% hint style="info" %}
**EXAMPLE:** 

Seller sells an NFT for $100, the platform would take $5 as their fee, and the seller would receive $95.
{% endhint %}

{% hint style="warning" %}
metapro charge **2.5%** marketplace fee for Buy Now and Auction system auctions
{% endhint %}

{% hint style="info" %}
**EXAMPLE:** 

Seller sells an NFT for $100, the platform would take $2,50 as their fee, and the seller would receive $97,50.
{% endhint %}

## Royalty fee

Royalty fee is a percentage of a token’s price sent to a creator and royalty members after each sale transaction involving the token.

{% hint style="warning" %}
User are able to add as many members as necessary. The minimum percentage that can be set up per wallet is **0.01%.** The total royalty for all wallets cannot exceed **10%**
{% endhint %}

{% hint style="info" %}
**EXAMPLE:** 

If a seller sells an NFT for $100 and has set up five royalty wallets at 2% each, the seller would receive $90 (minus marketplace fee). Each of the 5 royalty wallets would receive $2 as their share of the total royalty.
{% endhint %}

## Referral system fee

Referral panel is a feature that allows users to earn money by referring auctions of different creator to their network. Referral fee will be paid from every auction that has the referral fee **enabled**, if the wallet you have added to your structure purchases the specific token in that auction.

{% hint style="warning" %}
The maximum percentage set for the referral program cannot exceed **15%**
{% endhint %}

{% hint style="info" %}
**EXAMPLE:** 

<mark style="background-color:purple;">**Person A**</mark> has a structure with 3 referral wallets:&#x20;

Level 1 (<mark style="background-color:blue;">**Person X**</mark>)

Level 2 (<mark style="background-color:orange;">**Person Y**</mark>)

Level 3 (<mark style="background-color:green;">**Person Z**</mark>)

If <mark style="background-color:green;">**Person Z**</mark> buys an NFT for $100 using <mark style="background-color:orange;">**Person Y**</mark> referral link, then:

<mark style="background-color:orange;">**Person Y**</mark> will receive 8% of the sale price ($8)

<mark style="background-color:blue;">**Person X**</mark> will receive 4% of the sale price ($4)

<mark style="background-color:purple;">**Person A**</mark> will receive 3% of the sale price ($3)
{% endhint %}

<figure><img src="/files/vY9wphpUqTyJqJiYNFDY" alt=""><figcaption></figcaption></figure>


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