# Trading: Football

Trading is how you build and adjust your squad. Sign shares to back players you think will perform. Release shares to free up Gold and rebalance.

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### In the app

> Navigation guide coming soon. This section will show you exactly where to find this in the app.

***

### TL;DR

* Sign fee: 3%
* Release fee: 3%
* Swap fee: 3% on the Release side, 2% on the Sign side (5% total, saving 1% vs releasing then signing separately)
* Timing matters. Signing after a player's snapshot does not count for that tournament.

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### Where to trade

**Transfers page.** Browse the full player market. Shows trending players and top movers (largest price movement in the last 24 hours).

**Player page.** Sign, release, or swap shares for a specific player. Shows price, supply, upcoming fixtures, and recent performance.

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### Standard fees

| Action              | Fee |
| ------------------- | --- |
| Sign                | 3%  |
| Release             | 3%  |
| Swap (Release side) | 3%  |
| Swap (Sign side)    | 2%  |

{% hint style="info" %}
If you are moving from one player to another, use the swap feature. It costs 5% total versus 6% if you release and sign separately.
{% endhint %}

***

### Dynamic fees

Dynamic fees activate automatically when a player's price drops sharply or when a single release is very large. They are designed to prevent sudden price crashes.

**Price-based dynamic fees:**

| Price drop in 3 minutes | Release fee | Minimum duration |
| ----------------------- | ----------- | ---------------- |
| Under 10%               | 3%          | Standard         |
| Over 10%                | 5%          | 5 minutes        |
| Over 15%                | 7%          | 15 minutes       |
| Over 20%                | 12%         | 60 minutes       |
| Over 24%                | 20%         | 120 minutes      |

**Volume-based dynamic fee:** If your release exceeds 5% of the player's marketplace pool reserves in one transaction, a 25% fee applies. The marketplace pool is the Gold and shares the player's market currently holds. The app warns you before you confirm. Releasing in smaller amounts avoids this fee.

***

### Slippage

Slippage happens when the price moves between when you start a trade and when it confirms, due to other trades happening at the same time.

The default slippage tolerance is 5%. You can adjust this before confirming. If the price moves beyond your tolerance before the trade goes through, the trade is cancelled and your Gold is returned.

Example: You set 10% slippage and start a Sign trade at 100 Gold. If the price rises to 110 Gold before confirmation, the trade still goes through. If it rises to 111 Gold, the trade is cancelled.

***

### How to sign shares

1. Go to the Transfers page and find the player you want
2. Open their player page
3. Tap Sign
4. Choose how much Gold to spend, or how many shares to sign
5. Review the fee and slippage settings
6. Tap Confirm and wait for the transaction to confirm

***

### Tournament timing

Check the tournament window before signing. Signing after a player's snapshot does not count for that tournament cycle. See Tournaments and Rewards for snapshot timing details.

***

### Common mistakes

* Not checking the fee before confirming a large trade
* Signing after a snapshot and expecting the shares to count
* Releasing and signing separately when a swap would be cheaper

wait for the transaction to complete, and that’s it. You have signed or released player shares!


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