Four weeks remain. The GigaStar Secondary Market launch is now just one month away. This week, we are sharing details on the fee structure and how trade settlement will work on the platform.
Fee Structure Details
GigaStar Securities LLC has finalized the transaction fee schedule for the Secondary Market. Understanding these costs is essential for making informed trading decisions.
Buyer Fees
- Transaction Fee: A percentage-based fee applied to the total purchase price of CRTs acquired on the Secondary Market. This fee is deducted at the time of trade execution.
Seller Fees
- Transaction Fee: A percentage-based fee applied to the total sale proceeds. This fee is deducted from your settlement amount before funds are transferred to your account.
Exact fee percentages will be published on the GigaStar Securities LLC platform page before launch. Both buyer and seller fees are designed to cover regulatory compliance costs, platform operations, and order matching infrastructure.
No Hidden Fees
There are no account maintenance fees, inactivity fees, or subscription charges. You only pay transaction fees when you execute a trade. Holding CRTs in your account and receiving monthly distributions does not incur any additional fees through GigaStar Securities LLC.
How Settlement Works
When a trade executes on the Secondary Market, the settlement process ensures secure transfer of both CRTs and funds between parties.
The Settlement Cycle
- Trade Execution: Your order matches with a counterparty. Both buyer and seller receive trade confirmation notifications.
- Verification: The system verifies that the seller holds the CRTs being sold and that the buyer has sufficient funds.
- Transfer: CRTs are transferred from the seller's account to the buyer's account. Funds (minus applicable fees) are transferred from the buyer to the seller.
- Confirmation: Both parties receive final settlement confirmation with a complete transaction record.
Settlement is expected to complete within a defined window after trade execution. The exact settlement timeline (T+1, T+2, etc.) will be confirmed before launch.
After Settlement
Once settlement is complete, the new CRT holder begins receiving monthly distributions from the associated Creator's channel revenue. The transition is handled automatically through the platform.
Platform Testing Updates
The GigaStar Securities LLC engineering team has been conducting extensive platform testing over the past several weeks. Key milestones completed include:
- Order matching engine: Stress-tested for concurrent order processing
- Account migration integration: Verified seamless linking between GigaStar Market holdings and Securities accounts
- Compliance monitoring: Automated systems for trade surveillance and regulatory reporting
Final rounds of testing are underway and on schedule for the March launch.
Updated Countdown Timeline
| Weeks | Milestone |
|---|---|
| 4 | You are here — Final platform testing |
| 3 | Investor training webinars |
| 2 | Soft launch |
| 1 | Full public launch |
Stay informed through GigaStar's official platform notifications and the GigaStar Monthly newsletter.
This content is for educational purposes only and does not constitute investment advice.
This is part of our Secondary Market Launch Countdown series.