Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] 🚀🚀🚀 Bit.Team - New Cryptocurrency Exchange with BTT Token! 🚀🚀🚀
by
tarass89
on 15/12/2018, 13:43:27 UTC
What are the platform fees anyways?

The fee on all cryptocurrency deals will be set at 0.2%, to be charged in BTT tokens. At the moment of a transaction, the platform will automatically buy out the necessary number of tokens at the lowest available rate. Once the transaction is completed, half of these tokens will be burned, while the other half will be distributed among members of the referral program in accordance with the established reward scheme.

The marketplace fee will be set at 0.3%, to be paid in BTT by vendors and allocated for the BIT.TEAM administrative expenses. Just like with exchange transaction, the platform will automatically buy the necessary amount of tokens at the lowest exchange rate. After the transaction, tokens will be distributed as follows: 0.1% will be burned, 0.1% will be transferred to the user who had sent the original invitation voucher to the vendor, while 0.1% will be received by the BIT.TEAM development team.

Thanks!