While Beaxy offers the option to pay your fees with BXY for a 50% discount in trading fees, we've also devised a staking program that will allow you to take advantage of additional discounts for locking your BXY tokens on our exchange for a set period of time.
It works like this:
- You decide how many BXY tokens you want to lock for one month
- You receive a discount in trading fees until they unlock
The Beaxy Staking Program will allow users to receive discounted trading fees by
locking their BXY tokens on the Beaxy Exchange. A tiered system is utilized which will
provide a greater discount the more coins that are staked. Choosing to stake tokens AND
pay fees with BXY enables a maximum discount of 62.5% on all trades!