• BTSE

How BTSE Token Can Save You Money on Trading Fees




The BTSE team is very happy to bring you this breakdown on the extra advantages you could be getting on trading fees when holding BTSE Token.


In a recent blog, we highlighted that simply holding BTSE Token could see your referral bonus be boosted by up to 40%. Here we’ll take a quick look at how trading fees can also be significantly reduced in the same manner.


In the chart below, you have a breakdown of how much you could save in the Futures market based on a 30-day trading volume:




While this might be a little bit of information overload for some of you, we can break it down further into how those figures equate into cold hard percentages. It should first be noted that these discounts apply to Takers only.


As an entry point, those users with holdings of 50+ BTSE Tokens will be getting a 20% discount compared users with no BTSE Token. Those same users who are also taking advantage of the referral bonus will see their discounts rising up to almost 40%.


BTSE Token holders with 10,000 or more will be looking at discounts of 40%. Those also benefiting from the referral bonus will be taking home more than a 50% discount.


There are a number of important rules that apply to these discounts, and they are as follows:


  • Discount on taker fee ONLY

  • Volume and BTSE token discount cannot be stacked with referee discount

  • Does not apply to users in MM program

  • Does not apply to invite only PRO Trader program

  • MM program and PRO Trader net fee (maker + taker) must be >= 1bps

  • Users may not self-refer himself for referral programme


The discounts available to BTSE Token holders also apply to the Spot market.


Below you have a chart that provides a breakdown of the savings that can be made based on 30-day volume or BTSE Token holdings in this market:



As you can see, BTSE Token holders can enjoy significant discounts over users with no BTSE Tokens when trading Spot.


Unlike Futures, these discounts benefit both Makers and Takers.


As with the Futures discounts, there are a number of key rules that apply to the Spot discounts:


  • Volume and BTSE token discount cannot be stacked with referee discount

  • Does not apply to users in MM program

  • Does not apply to invite only PRO Trader program

  • MM program and PRO Trader net fee (maker + taker) must be >= 1bps

  • Users may not self-refer himself for referral programme


So there you have it! Another great reason to hold and benefit from the BTSE Token. To learn more, head over to our BTSE Token Page.


Happy trading!



Our aim is to create a platform that offers you the most enjoyable trading experience. If you have questions or suggestions, please don’t hesitate to reach out to us at feedback@btse.com or DM us on Twitter: @BTSEcom.

Categories
Company
Community

© 2019-2020 btse.com All rights reserved