Starting today, July 5, 2024, there will be a change to BTSE’s fee rebate calculation in order to provide more transparency on profitability and revenue share.
We will now apply any rebate of trading fees to the net of both the maker and taker side of the trade. Previously, revenue share was calculated on a single side of user trades. For example, when a user trades $2,000 and pays 0.05% in fees, we calculate a fee of $1 ($2,000 * 0.05% = $1).
Moving forward, we will move to a process to calculate the trading fee based on the net fee considering both sides of the trade: Maker and Taker. This will only impact taker trades where the maker is subject to a fee rebate.
In summary, fees will include the Maker side of the trade. The fee on each trade will vary depending on the volumes and order type. In many cases, there will be no difference to the percentage of the fee you share as commission.
As we change this fee calculation, we are also delighted to inform you of an upcoming adjustment to BTSE’s fee structure within the next 30 days (another announcement will be sent out when implemented). The maker fee for general users will be updated to 0.02%, and the taker fee will be updated to 0.055%. These changes are intended to align our fees with major exchanges across the industry and allow partners to earn more.
Although this adjustment alters the commission structure, coupled with our upcoming fee changes, most should not see a significant change in your overall earnings. This provides better clarity into revenue generated and allows us to offer the most attractive rebates to our affiliate communities so we can grow together.
Thank you for your continued support of BTSE.
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at support@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
