Revision of Trading Fees and Launching of Trading Fees Rebate Campaign

Starting from 25th Oct 2021, SnapEx will revise the promotional trading fees from 0.01% to 0.05%.

Not only are these still market-leading rates that are cost-effective for you - the trader - than those of our competitors’, but we will continue to offer a number of attractive rebate programs through our SNAP Points and our SNAP Token.

SnapEx also boasts the lowest possible market spread and slippages through our unique K-Line. You can read here to understand how we derive our K-Line Price.

Since our promotional trading fees had an overwhelming response from many users, we have decided to launch a trading fee rebate campaign. 

You will get a rebate of 10% to 20% payable in USDT Trading Bonus based on your weekly trading volume, thus lowering your actual trading fees. This campaign will run indefinitely until further notice.

Tier	Weekly Trading Volume	Rebates Ratio
3	1 - 100 000 USDT	10%
2	>100 000 to 500 000 USDT	15%
1	>500 000 USDT	20%

Important Notes: 

1. Trading Volume = Margin x Leverage
2. Weekly volume will be counted from every Monday to Sunday and refresh on the new week. 
3. USDT Trading Bonus will be credited to your account within 7 working days after completion of a week. 
4. While the tier of rebate ratio will be determined by the weekly trading volume, rebates of USDT will be calculated based on the Actual Fees paid by the user, which EXCLUDE trading fees paid by SNAP points and trading bonus. 

For example: 

John generated a total trading volume of 1,000,000 USDT by the end of Sunday (31 Oct 2021). Total payable Trading Fees from these orders were 500 USDT (1 000 000 x 0.05%). 

However, he used SNAP Points and Trading Bonus USDT in some orders, lowering his actual total fees to only 400 USDT. 

His trading volume put him at Tier 1 with a rebate ratio of 20%, with an actual paid fees at 400 USDT, his account will be credited with 80 USDT of Trading Bonus by 9 Nov 2021 (within 7 working days).