Starting from May 1, 2018, EXMO platform launches a brand-new Cashback system on cryptocurrency market.
All registered users automatically become participants of the Cashback program.
Here are the key advantages of the new Cashback system:
- Lowering currency risks for traders – cashback is credited in transaction currency;
- Daily cashback crediting;
- Flexible rate is determined in accordance with trading volume over the last 30 days;
- Up to 70% of commission can be returned.
Ivan Petuhovskii, a co-founder of EXMO exchange, notes:
“Today we launch a brand-new Cashback program on cryptocurrency market. As long as cashback is credited in transaction currency, it lowers currency risks. We believe that this distinctive advantage will enable our traders to decrease currency risks under the high market volatility conditions”.
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 with market orders and executed limit orders, are paid off under Taker rate;
- Traders, who have performed with limit orders, are paid off under Maker rate.
Thus, EXMO cryptocurrency platform is providing users with the capability to regulate cashback rates on their own by increasing trading volume.
Check out the information dedicated to “Cashback” on EXMO’s official website to know more about the payment ranks and current cashback rules.
Please note that users will receive cashback for April 2018 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 1 mln users from all over the world trust EXMO cryptocurrency platform. According to the official rating bitcoinity.org, EXMO holds the 10th place among 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.
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