Fees

Buying shares costs 2%. Card deposits and withdrawals have small fees that cover what banks charge us. Everything else is free, and every fee is shown before you pay.

Fees are not final yet

These fees are placeholders until our licence and payment partners are confirmed. If they change, we tell you 30 days before, and every screen shows the fee before you confirm.

What we charge

Watch and Win fees
What you do	Fee	Example
Buy shares	2% of the cost, rounded up to the next naira	28 shares at ₦34 cost ₦952. Fee ₦20, you pay ₦972.
Sell shares before the result	Free	Sell 28 shares at ₦37 and you get ₦1,036.
Payout on winning shares	Free	28 winning shares pay ₦2,800. Tax may apply, see below.
Add money by bank transfer, USSD, OPay or PalmPay	Free	Send ₦5,000, get ₦5,000. Your bank may charge its usual USSD fee.
Add money by card	1.5% of the amount	Add ₦5,000 by card: fee ₦75, you get ₦4,925.
Withdraw to your bank account	₦20 per withdrawal	Withdraw ₦10,000, receive ₦9,980.

No account fee, no inactivity fee, no fee to close your account. Minimum deposit ₦200, minimum withdrawal ₦1,000. If a withdrawal fails, we refund the fee.

Cashing out earnings from offers and ads as airtime, data or cash has its own minimums, shown on Cash out before you confirm.

How the buying fee is worked out

Cost (28 × ₦34): ₦952
2% of the cost: ₦19.04
Fee, rounded up: ₦20
You pay: ₦972

Because the fee is rounded up, small trades pay a little more than 2%: 2 shares at ₦34 cost ₦68 and the fee is ₦2.

Tax on winnings in Lagos State

Lagos State charges 5% withholding tax on net winnings: what a market pays you minus what you paid for those shares. We take it off when the market pays out and pass it to the Lagos State Internal Revenue Service (LIRS). It counts as a tax credit for you, and your statement shows it.

40 No shares bought at ₦82: ₦3,280
Market paid out: ₦4,000
Net winnings: ₦720
Withholding tax (5%, Lagos State): −₦36
Paid into your balance: ₦3,964

Losing trades pay no tax. Every amount withheld is in your Statements.

Questions about fees

Why is Yes ₦34 and No ₦67?

Prices come from traders, not from Watch and Win. Yes and No together cost about ₦101: the ₦1 is the gap between the best buyer and the best seller. It goes to the trader on the other side, not to us.

Do I get the fee back if a market is cancelled?

Yes. When a market is cancelled under its rules, we refund what you paid for the shares and the fee.

What does the fee pay for?

This preview illustrates possible fees. Final fees and any provider charges will be confirmed before launch.