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Risk Disclosure
Fees
Only verified institutions, issuers and exchanges that meet the criteria are able to have XMG Member Accounts. XMG Institutional Members have redemption privileges in line with our policy. It is at our sole discretion to accept or reject a member application. Fees are transparent and are institutional level only,
Minimum USXM Token acquisition or redemption amount
Fee per redemption
Fee per acquisition
Acquisition 100,000
Redemption 100,000
Greater of 1,000 USXM or 0.1%
0.1%
Minimum AUXM Token acquisition or redemption amount
Fee per redemption
Fee per acquisition
Acquisition 100
Redemption 96.50 & 400
Greater of 1,000 USXM or 0.1%
0.1%
Minimum AGXM Token acquisition or redemption amount
Fee per redemption
Fee per acquisition
Acquisition 5000
Redemption 10,000
Greater of 1,000 USXM or 0.1%
0.1%
Verification Fee
100 USXM Tokens
This amount is non-refundable but can be part of your redemption. The verification fee is intended to preserve the integrity of the network. The fee also helps offset a portion of the incurred costs from the verification process and insurance of tokens. XMG Fintech at it’s sole discretion has the ability to approve or decline member accounts. By submitting a verification request you agree that the 100 USXM token deposit is non-refundable. Please read carefully here before moving forward.
Important Information: XMG Fintech does not offer direct wallet functionality, it uses the Pecu Wallet or other wallets that offer the Pecu Novus blockchain network tokens for all transactions involving XMG tokens created on the Pecu Novus Network. As more blockchain networks are added to the XMG tokens offered then additional wallets will be mentioned as a matter of convenience. It is imperative that members use extreme caution and be thoughtful when transferring XMG tokens for deposit. In the event of an error on the members part, and at XMG’s sole discretion, XMG will attempt to do as much as possible to assist in the recovery efforts. Withdrawal requests for digital assets held by XMG are evaluated thoroughly, that privilege is exclusively for institutional and exchange level members only. All withdrawals are at XMG’s sole discretion approved or rejected. Approved withdrawals can take several days to fully complete.
