# Auctions Fees

Our platform charges a relatively low commission for creating auctions, which users can reduce even further with our tokens.

Below is information on the fee charged:

| Cost of fee in $ETH                               | Cost of fee in our tokens                             |
| ------------------------------------------------- | ----------------------------------------------------- |
| $10 in ETH for each new auction created by a user | $5 in our tokens. The tokens received will be burned. |

This commission model will allow us to increase demand for our tokens, allowing users to cut their fees by up to half in some cases

