# Using CakeBot

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<summary>What are the fees for using CakeBot?</summary>

The trading bot charges a 1% fee on all trades, all token holders are eligible for a 50% discount.

</details>

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<summary>How are fees deducted?</summary>

Fees are automatiaclly deducted when making any trades through the bot

</details>

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<summary>Is CakeBot secure?</summary>

Yes, we use industry standard encryption and we plan to make our router contracts public, verified and audited.&#x20;

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