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In my role as an independent trader, I approach any platform’s fee structure with a healthy degree of caution, especially when regulatory clarity is lacking or transparency is questionable. When assessing PAXOS, I found it particularly difficult to gain a comprehensive understanding of their commissions and spreads, which immediately raised some red flags for me. From what is publicly available, PAXOS does not disclose clear information regarding deposit or withdrawal fees for its stablecoin payment platform. The only specifics noted are that users may incur blockchain network (or “gas”) fees when sending or receiving stablecoins, with these costs tied to the underlying blockchain and subject to potentially significant fluctuations. As for other trading costs—such as spreads, commissions for buying or selling, or additional service charges—there is a pronounced lack of detail. In my own experience, this absence of straightforward fee disclosures tends to signal a potentially higher risk environment, as it undermines trust and complicates risk calculation. Without regulatory oversight or transparent cost breakdowns, it's extremely challenging for traders like myself to reliably plan entries, exits, and manage costs on the platform. In sum, from my perspective, the opaqueness of PAXOS’s fee structure and the reliance solely on variable network fees, with no mention of spreads or commissions, makes it very difficult to properly assess the platform’s competitiveness or fairness compared to regulated brokers. For me, this lack of detailed information is a critical limitation and reinforces the need for a cautious approach.