$15.07 10.03%
REP · 18w

Fee structure info for new traders

Hey, I was hoping someone could quickly run through an example of what kind of fees a new Augur trader would pay, given some hypothetical initial investment going into a single market. So for example, if I have $500 I want to bet, how much of it will be lost to fees like wallet creation, gas for the transactions, market fees, etc. Would I end up with $480 in the actual market? Or more like $380? The Augur website brags about "low fees" everywhere but people with more experience are telling me that actually Ethereum is bogged down in some kind of transaction fee nightmare. I get that Augur is new (sort of) but I just need to know the numbers before I plop down a bunch of money.
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