What other costs are involved?

Besides the Advanced $250 and VIP $995 annual cost, the Software Service Fee (SSF) is 30% for Free subscriptions and 20% for Advanced and VIP subscriptions for every profitable trade.  Example, if the bot makes $10 profit in a trade, the SSF is $3 for the Free accounts and $2 for Advanced and VIP accounts. You will also need $20 - $100 USDT worth of BNB (Mandatory for Binance that also gives 25% discount on fees) or KCS (Voluntary for KuCoin that gives 20% discount on fees).