Cryptocurrency means free trades, literally
Announcing new jaw-dropping trade fees on Koinex
The essence of blockchain technology is decentralization and that of cryptocurrency is free trades. The sweet dream of a global economy with a global currency that knows no borders and crosses all boundaries. A new economic order for the world, which just establishes a new protocol of free trades.
The Announcement: Rate cuts
Koinex is extremely pleased to announce a jaw-dropping trade fee structure for all our users. In our pursuit to create a world-class digital assets exchange, we want to provide our users the ability to trade freely in the assets of their choice. Without having to worry about how much of their trade earnings actually go into fees for using the platform.
The more you trade, the less you pay.
The new trade fee structure is as follows:
The new trade fee structure will be applied to all trades effective from October 8, 2017 at 02.00 AM. This will have no effect on tracking of the 30 day trading volume for our users. Your current trading activity will be considered fully to place you in the correct bracket, and only the % fee charged will be reduced according to the new structure.
The freedom to sell
Along with this huge reduction in trade fees, we have another major announcement to make.
This year, sell for free.
All sell trades will be free till December 31, 2017. Irrespective of which trade bracket you fall into (depending on your 30 day trading volume) or your Associate status, selling will be universally free for all users across all supported markets (BTC, LTC, ETH, XRP and other coins which will be added in due time). From January 1, 2018, however, the sell trade fees will be applicable as per the structure announced above.
New trade fee structure will be effective on Koinex from October 8, 2017 at 02.00 AM. So trade away, folks!