Monetization
Last updated
Last updated
BitBullBot applies a 0.8% fee to every transaction conducted through the bot. These fees accumulate with each successful transaction. Once the accumulated fees reach a minimum threshold of 0.01 BTC/ETH, they will be automatically sent to the fee address, which can be viewed on the blockchain.
Swaps between stables and BTC do not incur a fee. The exempt pairs from fee collection include BTC <-> USDC, BTC <-> USDT.
The fee is automatically deducted from the wallet with the highest balance. If a fee of more than 0.01 is accumulated within a single trade (e.g., 0.005 ETH), the bot will charge 0.005 BTC in a single transaction instead of sending 5 X 0.001 BTC transactions.
BitBull's 0.8% fee is already highly competitive and represents one of the lowest rates in the market for the type of product offered. Additional details can be found in section.
