NOBI Fees

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Here are some types of fees that apply in Nobi:

Following Fee

Following fee is a fee charged when users follow the strategy(s) in Nobi. Following fee will be charged automatically after executable by the system. The amount of the following fee varies for each strategy, depends on the policies of the Nobi Strategy Maker partner.

Service Fee

Service fee is a total cost for services from Nobi that is charged to users. This includes operational costs and administrative costs for each management strategy in Nobi. The service fee is calculated within one year but the deduction is done every day by automatically prorating the Nobi system. Service fee also has a different magnitude for each strategy.

Performance Fee

A performance fee is a fee charged for the performance of the strategy in managing crypto assets to generate profits for users. The performance fee calculation is based on the results of the net profit gained during the current month or when the user stops following the strategy. Performance fee does not count if the strategy followed does not gain profit for users.

Exit Fee

Exit Fee is a cost charged to users when deciding to remove assets (stop following strategy), either in part or in whole. Exit fee deducts from the value of the user’s assets that were issued. The amount of exit fee is stated in each strategy in Nobi. Exit fee may change according to changes in costs charged by the Nobi exchange partners.

Withdrawal fee

Withdrawal fee is charged when users withdraw funds from Nobi to third parties. The amount of the withdrawal fee is listed in the Nobi application and it may change at any time without further notice.

Here is a sample illustration to help you understand the fees on Nobi:

We use Nova Oscillator strategy as an example.
On July 15, 2020, Dino followed the Nova Oscillator strategy in Nobi by 0.01 BTC with the fees information as follows:

Following Fee: Free
Service fee: 2% per annum
Performance fee: 25%
Exit fee: 0.0006864 BTC

Then on July 31, 2020, Dino decided to remove his asset from the strategy and he had obtained a profit of 5% of total assets. And here is the estimated fees charged to Dino:

Dino net profit: 5% x 0.01 BTC = 0.0005 BTC

  • Following fee = 0 (Free)
  • Service fee: 15 July – 31 July = 17 days
    (2% x 0.01 BTC) : 365 days = 0.0000005 BTC per day.
    0.0000005 x 17 = 0.0000085 BTC total service fee for 17 days.
  • Performance fee: total profit x 25%
    0.0005 x 25% = 0.000125 BTC total performance fee.
  • Exit fee = 0.0006864 BTC
  • Estimated total fees paid by Dino:
    0.0000085 + 0.000125 + 0.0006864 = 0.0008119 BTC

As a commitment to provide more benefits to users, three out of five fees described above are distributed back to users who actively follow the strategy(s) in Nobi in the form of Referral Bonuses and Cashback. The three types of fees are: following fees, service fees, and performance fees.

Let’s follow strategy at Nobi and grow your crypto asset, the easy way!

 

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