PrimeXBT launches a new VIP Tier structure, offering up to 50% discounted trading fees for high-volume cryptocurrency and CFD traders. This move aims to incentivize active participation and boost trading volume as the platform anticipates increased market activity and engagement from its global trader base. The tiered discount system rewards high trading volumes with significant fee reductions across both crypto futures and CFD markets, automatically upgrading accounts based on 30-day trading volumes.
The new VIP tiers mark an expansion of PrimeXBT’s efforts to enhance trading conditions and attract active participants. Max Smith, Head of Marketing at PrimeXBT, commented: “This initiative introduces a tiered discount system that rewards trading volume with substantial fee reductions across both crypto futures and CFD markets.” Market reaction has been positive, with analysts anticipating greater trader attraction due to lowered costs.
Past efforts in 2020 saw success with 50% fee cuts for BTC trading. This strategy, based on past success, reinforces PrimeXBT’s commitment to catering to the needs of active traders. The move is expected to boost market share and increase trader loyalty, attracting new users to the platform.
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