The popular American cryptocurrency exchange Poloniex made an announcement about the reduction of commission for traders and a number of changes in the process of their calculation. This will happen on the 15th of May.
Now the commission will be calculated based on the results of a 30-day trading, which will be calculated in US dollars, not in digital currency Bitcoin. The site will provide a new calculation, which will be characterized by stability and rationality. It will depend on the volume of trades carried out by a specific trader.
Also, commission deductions will be reduced in general. Thus, the commission of the receiver (taker fee) will be 0.2%, and for the maker (maker fee) will be 0.1%.
A scale of the sizes of these commission deductions, which depend on the average monthly volume of trades is provided below:
Poloniex announced a reduction in the threshold, which affects the receipt of discounts. This will provide zero-commission for the makers with a 30-day trading volume, the total amount of which is $ 7.5 million, while the takers will receive a commission of 0.1, subject to a three-day bargain, which is $30 million.
We would like to remind you that a previously known Bitcoin startup Circle made a statement about the acquisition of Poloniex, which saved the exchange from persecution by the SEC.