What are the fees on the Vinovest Marketplace?
The fees for the Marketplace are as follows:
|
Fee Type |
Amount |
Charged When |
Payment method |
|
Buy-side trading fee |
2.5% (includes 3 months of storage) |
Upon purchase of a wine on the Vinovest Marketplace |
Deducted automatically from your cash balance |
|
Sell-side trading fee |
1% |
Upon sale of a wine to another user on the Vinovest Marketplace |
Deducted automatically from your cash balance |
|
Storage fee |
Standard Tier - 2.85% Plus Tier - 2.7% Premier Tier - 2.5% Grand Cru Tier - 2.25% |
At the end of each month |
Deducted automatically from your cash balance or through auto-pay. |