# Fees Our ecosystem and procedures involve certain fees, either imposed by the Solana network or by us, to support the growth and scalability of Memewhales. πŸŒŸπŸš€ **πŸ’Έ Launching Fee** To create a coin on Memewhales, a fee of 0.2 SOL is required. This covers the Solana transaction fee necessary for the coin’s creation. πŸͺ™ **πŸ’Ή Trading Fee** We charge a competitive trading fee of 1% on our platform, ensuring affordability while maintaining quality service. πŸ“ˆ **πŸ’§ Liquidity Fee** Once the migration process is complete, the transaction needed to create liquidity on Raydium is handled automatically. A deduction of approximately 1.5 SOL from the asset’s liquidity pool is made to cover the transaction costs. πŸ”„ **πŸ“¬ Message Fee** When posting messages on your profile, a fee of approximately 0.01 SOL is charged directly by the Solana network. πŸ’¬