TEM
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  • ๐Ÿ‘‹Welcome to TEM
  • TEM Overview
    • ๐Ÿ“ƒWhite Paper Purpose
    • ๐ŸŽฉMarket Background & Issues
    • ๐Ÿ’นGlobal Gaming & Digital Asset Analysis
  • Vision and Goals
    • ๐ŸŒ Platform Vision
    • โš’๏ธKey Objectives
    • ๐Ÿ“‰Competitor Analysis & Differentiation
  • Platform Overview
    • ๐Ÿง‘โ€๐ŸซPlatform Introduction
    • ๐Ÿ“ŠBusiness Model & Revenue
    • โญSupported Digital Assets
  • P2P Marketplace Features
    • ๐Ÿ”P2P Trading
    • โ™ป๏ธDeposit/Withdrawal Services
    • ๐Ÿ’ซItem Brokerage Services (Escrow)
  • Revenue Model
    • ๐Ÿ’ธTransaction Fees
    • โ™ป๏ธDeposit/Withdrawal Fees
    • ๐ŸงŠAdditional Service Fees (Loans, Lucky Boxes, OTC, etc.)
  • Service Expansion Strategy
    • ๐Ÿช™TEM Tokenomics
    • ๐Ÿ”ฎTEM Use Cases
  • Roadmap
    • ๐Ÿ—บ๏ธDevelopment Stages & Timeline
    • ๐Ÿ›ฃ๏ธObjectives & Milestones
  • Security & Technical Infrastructure
    • ๐Ÿ”Security Systems
    • ๐Ÿ›ก๏ธSmart Contracts & Blockchain
    • โš™๏ธData Protection Policies
  • Legal Compliance & Regulatory Response
    • ๐ŸงฟRegulatory Measures
    • ๐Ÿ“œKYC/AML Policies
    • ๐ŸงฎLegal Considerations by Country
  • Partnerships & Ecosystem Expansion
    • ๐Ÿ—ฟCollaboration with Developers & Content Providers
    • โžฐIntegration with Financial Institutions
    • ๐ŸงฉGlobal Expansion Strategy
  • Conclusion
    • ๐ŸชFuture Outlook
    • โฒ๏ธInvestor & User Call to Action
  • Community
    • ๐ŸŒWebsite
    • โœ–๏ธTwitter
    • ๐ŸŒ Telegram
    • โ–ถ๏ธYouTube
    • โ“‚๏ธMedium
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  1. Revenue Model

Deposit/Withdrawal Fees

Withdrawal Fees

Fees are charged for depositing or withdrawing both virtual assets (cryptocurrencies) and fiat currencies on the platform. These fees cover transaction costs and contribute to the platformโ€™s operational stability.

  • Virtual Asset Withdrawals: Fees apply to deposits and withdrawals of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). These include both blockchain network fees (Gas Fees) and platform-specific fees, which vary based on asset type, transaction volume, and processing speed.

Example: The total cost for a Bitcoin withdrawal includes the blockchain network fee plus the platform's withdrawal fee.

  • Fiat Currency Withdrawals: Fees are associated with converting cryptocurrencies to fiat currencies through OTC (Over-the-Counter) services. These fees vary depending on local regulations and payment systems, facilitating the conversion between digital and fiat currencies.

Example: For withdrawing USD or KRW, the fees encompass both remittance and conversion fees.

  • Utilization of Revenue: Withdrawal fees are crucial for maintaining and upgrading the platformโ€™s financial infrastructure, particularly supporting the security and KYC (Know Your Customer) procedures essential for fiat currency transactions.

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Last updated 8 months ago

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