EXMO platform launches a brand-new Cashback system on cryptocurrency market.
The upgraded Cashback system came into effect on the 1st of May 2018
on EXMO cryptocurrency platform.
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
- Traders, who have performed with limit orders, are paid off under Maker
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 from April 2018 according to the old Cashback system.
Make sure to follow our updates on EXMO official website and through the official channels:
Visit EXMO Youtube
channel to find out useful information on cryptocurrencies and trading on the platform.
Thank you for staying with us!
Respectfully yours, EXMO team
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