Introduction of trading fees on the New Capital Exchange:
We are excited to introduce the first version of commercial activity of the New Capital Exchange. We are also very excited to introduce the first implemented version of future win.win DEX token economics. The purpose of this is simulation is to “test-drive” the use case and motivate traders to use TWINS for discounted trading fees.
Exchange standard trading fees are: 0.25% taker/maker
. Trading fees will be reduced to 0.1% taker/maker for users with positive TWINS balance. In that case a transaction fee of 2 TWINS per order will also be charged automatically. If no TWINS balance is available, the standard trading fees of 0.25% taker/maker will be applied and no transaction fee will be charged.
All the collected fees in TWINS will be deposited to the TWINS Dev fund address, monthly.
In addition, the latest update includes improvements to matching algorithm for reversed pairs. The total amounts will be rounded up or down to fully match the order.
We have also limited the decimals for all cryptocurrencies from 16 to 10.
Happy trading, and please share your feedback on the #exchange channel.
BTW, if you already have open orders, it could be cost-efficient for you to cancel them and create new ones with TWINS transaction fee paid.