> For the complete documentation index, see [llms.txt](https://bread-5.gitbook.io/bread/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bread-5.gitbook.io/bread/predict-terminal/fees-and-conditions.md).

# Fees and conditions

### Terminal fee structure

| Operation                | Fee      | Comment                                   |
| ------------------------ | -------- | ----------------------------------------- |
| Share buy (Market)       | 1%       | Applies to market and limit buys          |
| Share sell (Market)      | 1%       | Applies to market and limit sells         |
| Auto-Redeem (if enabled) | 1%       | Automatic claim after resolution          |
| Withdrawal               | 1%       | If an internal deposit scheme is in place |
| Network gas (Polygon)    | Variable | Standard Polygon gas, \~0.01 USDC         |

### Spread and slippage

Beyond fees, the real cost of entry / exit includes:

* **Spread** — the difference between the best bid and ask in the order book. The thinner the book, the wider the spread
* **Slippage** — execution drift on large orders. Part of the size eats the next book level

Example: at YES 30 cents with a 1-cent spread, your bought YES will cost 30.5 cents, and an immediate reverse sell would clear at 29.5 cents. This is the cost of liquidity, not a terminal fee.

### Polymarket fees (if markets are sourced there)

Polymarket charges its own fee along a Gaussian curve:

* Near 50 cents per share → max \~1.5%
* Near 0 or 100 cents → minimum
* Geopolitical markets → 0%

The closer the price to 1 cent or 99 cents, the lower the Polymarket fee. This fee applies to each trade independently of the terminal fee.

### Disclaimer

Prediction markets carry trading risk. A share price can move against your position before resolution, and before resolution you don't receive the full payout. The bread.hot terminal **does not give investment advice and does not trade for the user**.

* Past performance does not guarantee future performance
* Liquidity on specific markets can deteriorate suddenly
* Resolution depends on an external source of truth — disputes are resolved per the rules of Polymarket / the source, not bread.hot
* In case of technical failure or ghost-fills, funds are protected by the smart contract, but support requests are processed per the rules of each source

***


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