Starting from May 1, 2018, EXMO platform launched a brand-new Cashback system on the cryptocurrency market.
All registered users have automatically become participants of the new cashback program.
Here are the key advantages of the cashback system:
- Cashback is given in the transaction currency, lowering currency risk for traders,
- Cashbacks are credited daily
- A flexible rate is determined according to trading volume over the last 30 days
- Up to 70% of commissions can be returned
Ivan Petuhovskii, co-founder of EXMO exchange, notes:
“Today we launch a brand-new cashback program on cryptocurrency market. As long as cashbacks are credited in the transaction currency, it lowers currency risks. We believe that this distinctive advantage will enable our traders to decrease currency risks under high market volatility conditions.”
The new Cashback system also implies that cashback rates are divided into Taker and Maker depending on the type of trading operations.
How does Taker/Maker rate system work?
- Traders, who have performed market orders and executed limit orders are paid under Taker rate;
- Traders, who have performed limit orders are paid under Maker rate.
Thus, EXMO cryptocurrency platform is providing users with the capability to regulate cashback rates on their own by increasing their trading volume.
Find out more about the cashback system, rules, and payment ranks on EXMO’s official website.
Please note that users who receive a cashback for April 2018 will do so according to the old cashback system.
View the EXMO Youtube-channel to learn more about cryptocurrencies and trading on the exchange.
Information about EXMO:
More than one million users from all over the world trust the EXMO cryptocurrency platform. According to the official rating platform, bitcoinity.org, EXMO holds the 10th place among the TOP cryptocurrency exchanges worldwide.
Remember that by having integrated the most popular currency pairs to the platform – BTC/PLN and ETH/PLN, EXMO cryptocurrency exchange has enabled Polish users to trade using Polish zloty beginning December 2017.