Thank you for always using CROSS exchange.
XEX trading fees will be revised to the following fee structure:
|
Maker |
Taker |
|
|
Buy |
-3% |
-3% |
|
Sell |
3% per order |
|
As displayed above, when purchasing XEX, a fee of 3% will be returned to customers as "90-day locked XEX" regardless if its a Maker or Taker order. Please note when you place a sell order of XEX, you will be charged a 3% commission fee for each order placed.
The new commission fee system is structured favoring buyers.
＜Term Explanation＞
※ Maker Orders: Orders placed on the board providing liquidity
※ Taker Orders: Orders to fill Maker Orders
＜Fee Revision Background＞
As a result of conducting a questionnaire survey from CROSS exchange users, nearly 90% of the users agreed to the fee revision, so we decided to implement this new fee structure.
Purpose of the XEX Fee Revision
① To increase the XEX price
② To collect circulating XEX from the market
In order to realize ① & ② above, fees will be revised.
New XEX Fee Structure
XEX collected by the introduction of the new XEX commission system will be stored in the XEX commission pool and will not be distributed to the market. Pooled XEX distributions will be used for buybacks.
Trading Fee Revision Date: 2/19/2020
CROSS exchange will continue to strive to develop services to satisfy users.
Thank you for your continued support!