Transaction Fees

Banks charge too much. Bitcoin’s fees are too high. These are common complaints from traders who want to send money without sacrificing any more than they have to. That’s why we created a formula which saves our clients from major costs. How do we do it? Simple. We built a system which can run efficiently on limited hardware, and we operate as a company with less overhead.
Sure, Bitcoin has its place in the world, at least for now. We wouldn’t argue that (after all, we’re cryptocurrency enthusiasts too). But just like you, we don’t like giving up a larger portion of our hard earned money than we feel we have to, especially not when we’re making numerous transactions. So, it’s time we offer something that both traders and merchants can feel comfortable accepting on a large scale. When we compare ourselves to a couple of the big cryptocurrencies on the market at 4 transactions per second, we see that Regius Mark’s fees stand at a mere 3.2% of what Bitcoin charges, and only 8% of Ethereum’s fees.
  • Cost/Transaction [$]
Savings so low, you almost can’t compare between them. In fact, we haven’t found anyone in the cryptocurrency markets to boast fees as low as ours. So by using Regius Mark, our clients will save enormous amounts of money on their transactions, making us the obvious choice anytime you need to send money.
Furthermore, the fee schedule associated with Regius Mark is designed not only to lower costs but to help protect our clients in the network from facing potential security risks. Just about every cryptocurrency or utility token on the market has increasing fees based on the number of transactions occurring per second, and ours is no different. The important feature driving our model is something we call a Dynamically Adjusting Network Fee. It’s a global network fee which changes as network traffic increases or decreases and it works to protect the network from flooding via multiple addresses. This quickly gets expensive for an attacker attempting to Denial-of-Service (DoS) the network while affording honest clients flexibility. Overall, our fees will remain low because of our dynamic fee model allowing us to adjust costs based on network usage.
Our fees do increase a bit more as you scale past 200 transactions per second based on the algorithm we’ve built. How does that compare to the aforementioned players? Well, it doesn’t. Bitcoin and Ethereum are not even much scalable past 8 tps and 20 tps, respectively. So no matter what, Regius Mark is still going to be the preferred choice for transaction efficiency.
And of course, your money is backed by real gold, so your value will always be protected.