BIBOX TRADING FEES The Bibox exchange trading cost structure is relatively easy. An average transaction cost for all traders is 0.1%, compared to other crypto currency exchanges, this cost is a bit below average. By paying fees with the native Bibox token (BIX), this charge can be decreased.
In order to pay fees via BIX, the user should:
1. Select "use BIX for fees" from the menu.
2. The first four years of payment are discounted.
3. If they use BIX, traders may receive a 50% trading fee discount during the first year.
4. The discount is lowered to 25% the following year.
5. By the third year, the discount is only 12.5%.
6. Finally, during the 4th year of trading on the platform, the user might have 6.5% discount.