Beaxy charges a 0.2% fixed fee per trade on market takers. However, Beaxy charges users who pay their trading fees in BXY 0.1% - a 50% reduction in trading fees. Users participating in Beaxy’s Staking Program can reduce their fees up to an additional 25%. Beaxy’s fee approach is to focus on encouraging liquid markets. Therefore, Beaxy incentivizes Market Makers by rewarding them with a rebate - only the market taker pays the trading fee commission.
Over The Counter (OTC) Trading Fees
Beaxy’s OTC (Over-the-counter) platform allows users to buy or sell large volume orders without affecting market conditions and price. The total fees vary based on the the trade and parties to the transactions and Beaxy charges a small matching fee based on the size and complexity of the transaction for the service.
Project Listings and Coin Sponsorship Fees
Beaxy selects digital assets to be listed on the exchange after an in-depth review process. Applicants may be charged a small fee to cover costs associated with those listings, depending on what type of token they are and if a new blockchain needs to be implemented. Beaxy will also charge for “sponsored coins” that wish to be highlighted on the market page of the exchange.