Quote from: rijaljun on October 11, 2019, 08:49:14 AM

Quote from: BQ on October 10, 2019, 03:01:42 PM

0.10% taker fees, but
-0.05% maker that means you're paid 50% of the fees the taker pays.

I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB)
(a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)

After reading the website, you are right it's 50% of the taker's fee, will be a bonus for the maker. Big volume traders, or whales might have a bit interesting opportunity from this but they will eventually face the withdrawal fee, comparing to some exchanges it seems low but when you want to withdraw big funds, you'll be charged a little more expensive.

Quote from: rijaljun on October 11, 2019, 08:49:14 AM

Quote from: BQ on October 10, 2019, 03:01:42 PM

0.10% taker fees, but
-0.05% maker that means you're paid 50% of the fees the taker pays.

I think it's a great thing for big volume traders. Also with the XCM token, they said there will be further discounts if you hold it (like BNB)
(a lot of other utility with XCM too, every fee inducing trade = 10-50% XCM bought and burned)

After reading the website, you are right it's 50% of the taker's fee, will be a bonus for the maker. Big volume traders, or whales might have a bit interesting opportunity from this but they will eventually face the withdrawal fee, comparing to some exchanges it seems low but when you want to withdraw big funds, you'll be charged a little more expensive.

Currently they use bitgo so it's bitgo's fees, but they will build thier own system for this

Quote from: Zich on October 11, 2019, 01:31:46 PM

Many new exchange available now, but if the number of trader & volume is low. This kind of exchange can not won't be able to run for long time.
There also concern too with security, are they actively do hackathon program?
I prefer to do trading on exchange that can handle them self on this issue.

same thing that it's bitgo's wallets = bitgo has never been hacked,
and most problems with hacks are because people are not following protocol.