MIAXdx Fee Schedule

Trading Fees

Binary Option Contracts

For each trade of any Binary Range Contracts (including, without limitation, the BTCRB Option Contracts), the buyer and the seller will each be charged the following trade fees on a per fill basis. Fee structure is the same regardless of opening or closing a position.

Type	Trading Fees
Buyer	If the trade price is $7.50 or less per contract, then the trading fee is $0.05 multiplied by the number contracts included in the fill. If the trade price is greater than $7.50 per contract, then the trading fee equals the following sum in U.S. dollars, rounded down to the nearest penny: [2% x ($10.00 minus the trade price) x (the total number of contracts included in the fill)].*
Seller	If the trade price is $2.50 or greater per contract, then the trading fee is $0.05 multiplied by the number contracts included in the fill. If the trade price is less than $2.50 per contract, then the trading fee equals the following sum in U.S. dollars, rounded down to the nearest penny: [2% x (the trade price) x (the total number of contracts included in the fill)].*

*Note: the fee equals the following sum of that calculation in U.S. dollars, rounded down to the nearest penny

Buyer (Yes Positions) Trading Fee Examples

Price = $5.00, Contracts = 1; Fee = $0.05
Price = $8.00, Contracts = 1; Fee = [0.02 x (10-8) x 1] = $0.04
Price = $9.99, Contracts = 1; Fee = [0.02 x (10-9.99) x 1] = $0.0002 or zero fees since it’s < $0.01 and fees round down to the nearest penny

Seller (No Positions) Trading Fee Examples

Price = $3.00, Contracts = 1; Fee= $0.05
Price = $2.00, Contracts = 1; Fee = [0.02 x (2) x (1)] = $0.04
Price = $0.50, Contracts =1; Fee = [0.02 x (.50) x (1)] = $0.01
Price = $0.30, Contracts = 1; Fee = [0.02 x (0.30) x (1)] = 0.006 or zero fees since its < $0.01 and fees round down to the nearest penny

Withdrawal Fees

Asset	Withdrawal Fees
USD Wires	No wire fees.
Bitcoin	0.00025 BTC
Ethereum	0.0004 ETH

Delivery Fees

MIAXdx charges no delivery fees. There is no fee to exercise options or take delivery.

Crypto Storage Fees

Weekly Storage Fees

For storing any sum of the Participant’s BTC that remains on deposit with the Company every Friday at 5 pm Eastern Time, the Participant will be charged a weekly storage fee of the lesser of either (a) 0.0003 BTC, or (b) the entire remaining balance of that Participant’s BTC that remains on deposit. For storing any sum of the Participant’s ETH that remains on deposit with the Company every Friday at 5 pm Eastern Time, the Participant will be charged a weekly storage fee of the lesser of either (a) 0.008 ETH, or (b) the entire remaining balance of that Participant’s ETH that remains on deposit.