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BIT Announces Introduction of VIP Spot Tier 2 Trading Fee Rates on April 23
BIT Announces Introduction of VIP Spot Tier 2 Trading Fee Rates on April 23
Updated over 2 weeks ago

Dear BIT Users,

As BIT conducts regular reviews of its product offerings to enhance user trading experience and provide the most competitive services, we have updated our VIP Spot Trading Fees or Tier 2, Tier 3 and RMM Reward Structure users effective 2024-04-26.

VIP Spot Trading Fee Structure:

The maker fee rate for Tier 2 trading pairs remains at the same discounted rate as Tier 1 trading pairs. In the future, BIT will introduce the "Liquidity Pools" feature, offering substantial rewards to liquidity providers for Tier 2 trading pairs.

Tier 1 VIP Spot Fee Structure:

Spot VIP Levels

Tier 1 Maker Fee Rate

Tier 1 Taker Fee Rate

VIP1

0.0800%

0.1000%

VIP2

0.0700%

0.0900%

VIP3

0.0600%

0.0800%

VIP4

0.0500%

0.0700%

VIP5

0.0400%

0.0600%

VIP6

0.0300%

0.0500%

VIP7

0.0200%

0.0400%

VIP8

0.0100%

0.0350%

VIP9

0.0000%

0.0300%

Tier 2 VIP Spot Fee Structure:

Spot VIP Levels

Tier 2 Maker Fee Rate

Tier 2 Taker Fee Rate

VIP1

0.0800%

0.2000%

VIP2

0.0700%

0.1900%

VIP3

0.0600%

0.1800%

VIP4

0.0500%

0.1700%

VIP5

0.0400%

0.1600%

VIP6

0.0300%

0.1500%

VIP7

0.0200%

0.1400%

VIP8

0.0100%

0.1350%

VIP9

0.0000%

0.1300%

Tier 3 VIP Spot Fee Structure:

Spot VIP Levels

Tier 2 Maker Fee Rate

Tier 2 Taker Fee Rate

VIP1

0.0800%

2.0000%

VIP2

0.0700%

1.9500%

VIP3

0.0600%

1.9500%

VIP4

0.0500%

1.8500%

VIP5

0.0400%

1.8000%

VIP6

0.0300%

1.7500%

VIP7

0.0200%

1.7000%

VIP8

0.0100%

1.6500%

VIP9

0.0000%

1.6000%

RMM Reward Structure:To incentivise and provide our users with the most competitive product, we are offering 10bps for some of our RMM products. The list of trading pairs that enjoy this reward is as follows:

Reward Structure

Trading Pairs

10 bps

3518/USDT, AINN/USDT, AIPY/USDT, AWT/USDT, BEAR/USDT, BTCS/USDT, CATS/USDT, CSAS/USDT, DADA/USDT, DEPD/USDT, ETHS/USDT, INSC/USDT, KORM/USDT, NEWU/USDT, NODES/USDT, ORDI/USDT, PGID/USDT, PIIN/USDT, RATS/USDT, SATS/USDT, SQTS/USDT, SXIO/USDT, UP/USDT, WHEE/USDT

Please note:

  • Trading fee rates and trading pairs may be updated periodically; please refer to "Trading Info - Fees - Spot" and "Rebalancing Market Marking Strategy - Fees" for the most accurate details.

  • Trading pairs that currently fall under Tier 2 spot fees have been removed from the special fee rate category and will now follow the trading fee rates according to VIP levels, allowing VIP users to enjoy even better trading fee rates.

Thanks for your support!

BIT Team

April 26, 2024

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