CROSS exchange has 3 different trading modes.
<Settings Method>
① Log in to CROSS exchange
② From the user mark (human figure) select “Trade Mode Setting”
③ Select desired trade modes
Other Method
① Log in to CROSS exchange
② From “Trade” → select “Exchange”
③ Click on “Settings Now” to open the “Trade Mode Setting” page
Customers can choose from 3 trading modes (Trade Mining Mode, Standard Trading Mode, and Reward Mode) to trade according to their preference.
※ If you change the trading mode after placing an order, the setting of the trade mode at the time of execution will be applied.
<Explanation of 3 trading modes>
① Trade Mining Mode
Manual Mining
<Trade Fees>
You can pay 0.1% of the transaction amount and receive XEX in the same amount or more (depending on the plan selected) as a reward.
※ Daily mining maximum: up to 48,000 XEX
<Targeted Persons>
For those who want to mine XEX as before
<Note>
・ Owning mined XEX allows users to receive up to 80% of CROSS exchange revenue (same as before)
② Standard Trading Mode
Standard Trading
Buy/Sell coins on the trading platform.
<Trade Fees>
・ Main Board
Maker Order: 0.05% Taker Order: 0.09%
・ Innovation Board
Sell Maker 0.1% Taker 0.1%
Buy Maker 0%・Taker 0% (No trade fees)
<Targeted Persons>
For those who want to trade with lower fees than other exchanges
<Notes>
・ Revenues earned from transaction fees are allocated to revenue distribution of XEX holders
・ Our trading fees are the lowest in the world
※ Reward Mode is not introduced on the Innovation Board.
③ Reward Mode
New fee distribution system "Pay trade fees in XEX and receive crypto"
<Trade Fees>
・ Pay 0.02% of the transaction amount with free XEX
・ 0.03% of the transaction amount can be obtained in the transacted currency such as BTC
Example: When the 0.02% trade fee is paid in XEX, the user with receive 0.03% in the transacted crypto (e.g. BTC, USDT, ETH, XRP, etc.) based on the total amount
<Targeted Persons>
For those who want to spend XEX to receive trade fees in other crypto such as BTC
※ Reward Mode can also be used with "Margin Trading".
【Trade Fees Detailed Table】
Main Board
|
① Trade Mining Mode |
② Standard Trading Mode |
③ Reward Mode |
Maker |
0.1% |
0.05% |
−0.03% (0.02% paid in XEX) |
Taker |
0.1% |
0.09% |
N/A |
Innovation Board
|
① Trade Mining Mode |
② Standard Trading Mode |
Maker |
Buy 0% Sell 0.2% |
Buy 0% Sell 0.1% |
Taker |
Buy 0% Sell 0.2% |
Buy 0% Sell 0.1% |
<Definition Explanations>
※ Maker Orders: orders placed on the trade board to create liquidity.
※Taker Orders: orders placed to execute Maker Orders.
Maker orders are generally orders that are not filled immediately after placing the order, but are placed on the trading board. This is almost synonymous with a limit order, but a limit order is not always a Maker order. If the market price fluctuates greatly, there will be a time lag before the order is reflected on the board, and it may not end up being a Maker order.
Taker orders are generally filled immediately after placing the order. (all market orders are Taker orders)
※ Maker and Taker orders can be reliably determined when the order is executed.