Discounts in the form of CRO rebates are available on the Exchange's trading fees.

CRO Rebate- Requirement

In order to receive your CRO rebate on trading fees on the Exchange, you must:

CRO Rebate- Discount Amount

CRO Rebate- Calculation

The CRO rebate amount is based on calculating the amount of CRO staked and trading fees paid with CRO the day before (calculated at 00:00:00 UTC daily). 

CRO Rebate- Deposit (When & Where)

The rebate will be deposited to your Exchange wallet daily, within 1 hour after the calculation (at 00:00:00 UTC) in most cases.  

For more information on trading fees, please visit Fees on the Exchange.

Case Example 1

  • You have 10,000 CRO staked, and you want to pay trading fees with CRO 
  • 20% rebate on fees apply 
  • Your current trading volume is less than $50,000 USD (Tier 1) 
  • During the day, you make trades equivalent to $55,000 USD where taker fees of 0.2% apply
  • You have sufficient CRO in your Exchange wallet, and all fees are paid in CRO (let’s assume that the price of one CRO token is $0.05 USD and did not fluctuate during the day)
  • The next day (00:00:00 UTC), we will calculate your CRO staked, your trading volume, and fees paid in CRO 

The taker fees you would have paid that day would be equivalent to $110 USD (0.20% of 55,000), which is 2,200 CRO. Since you've paid for your fees in CRO, your CRO balance on the Exchange wallet would be 2,200 CRO less. 

The next day, after calculations, you will receive 440 CRO back in rebate (in this example it is equivalent to $22 USD), along with CRO interest for staking CRO, and your trading tier will be moved to the second tier. 

Case Example 2 

  • You have 10,000 CRO staked
  • 20% rebate on fees apply only if trading to receive CRO
  • Your current trading volume is less than $50,000 USD (Tier 1) 
  • During the day, you buy 100,000 CRO in the CRO/BTC market where taker fees of 0.2% apply
  • The next day (00:00:00 UTC), we will calculate your CRO staked, your trading volume, and fees paid in CRO 

The taker fees you would have paid that day is 200 CRO (0.2% of 100,000). Since you are buying CRO, your fees are paid with CRO and you would receive 99,800 CRO to your CRO balance on the Exchange wallet. 

After calculations, you will receive 40 CRO back in rebate, along with CRO interest for staking CRO, and your trading tier will remain the same. 

Case Example 3

  • You have 100,000 CRO staked, and you do not want to pay trading fees with CRO
  • 20% rebate on fees apply only if trading to receive CRO
  • Your current trading volume is $300,000 USD (Tier 3)
  • During the day, you buy 5 BTC in the BTC/USDT market where maker fees of 0.120% apply
  • Because you are not paying fees with CRO nor trading CRO, you will not receive a CRO rebate.
  • The next day (00:00:00 UTC), we will calculate your CRO staked, your trading volume, and fees paid in CRO

The maker fees you would have paid that day is 0.006 BTC (0.120% of 5). In this trade, you would receive 4.994 BTC to your BTC balance on the Exchange wallet. 

After calculations, you will receive 0 CRO back in rebate, CRO interest for staking CRO, and your trading tier will remain the same.

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