Dear Bit-Z Users:

In order to reduce your transaction costs, increase payment methods, enrich the platform coin using scenarios, and continuously empower the BZ ecology, Bit-Z will launch BZ to offset exchange commission fee at 15:00 on August 16, 2019 (HKT), and will continue to support margin, OTC, contract and other business.

 

The plan is as follows:

image1566459874456.png


Users can turn on or off BZ offset switch by themselves in currency asset (Web) or currency account management (APP) (the offset switch is closed by default). When the user holds more than 50 BZ and opens BZ offset, the system calculates the commission fee by 25% off when the order is successfully matched and calculates the amount of BZ deduction according to the real-time ratio.

 

1. In what types of transactions can BZ be used to deduct commission fees?

Currently, only the currency transaction commission fee deduction is supported, so you need enough BZ in your currency account to deduct the currency transaction commission fee.

2. How does BZ deduct commission fees? Example: Users use USDT to buy BTC, and the commission fee charged is BTC. Then, according to the market exchange ratio of BTC to BZ, the latest price in BZ/BTC market will be obtained in real-time.

 

3. How to deduct the transaction commission fee when it is BZ?

If the transaction commission fee is BZ, when the "BZ offset commission fee" is turned on, you can enjoy a discount of 25% off. When you close the offset switch, you will pay the commission fee according to the standard commission fee rate.

 

4. The button switch has been turned on, but the position of BZ is less than 50. Can you use BZ to deduct the commission fee?

When BZ is less than 50, the system will shut down your commission fee deduction function. We will charge a commission fee according to the standard commission fee rate.

 

5. Commission Fee Return and Invitation Return Commission Fee

image1566459940406.png


If the market maker successfully deducts the commission fee by BZ, the corresponding amount of BZ will be returned the next day.

If the market maker uses other currency to pay a commission fee, the corresponding amount of other currency will be returned the next day.

If the market maker not only uses BZ to deduct commission fee successfully but also uses other currency, the corresponding amount of BZ + Other Currency will be returned.

If invitee successfully deducts commission fee by BZ, inviter will receive a corresponding amount of BZ commission.

If the market maker uses other currency to pay a commission fee, the corresponding amount of other currency will be returned the next day.

If the market maker not only uses BZ to deduct commission fee successfully but also uses other currency to pay, the corresponding amount of BZ + Other Currency will be returned.


Bit-Z recommends Features:

Bit-Z Investment:https://www.bitz.top/lend

Bit-Z Contract Broker Recruitment: https://help.bitz.top/article/100001519

Bit-Z Perpetual Contract: https://swap.bitz.top/trade/101

Bit-Z Margin Trading:https://www.bitz.top/marginExchange

Invite Friends and Get 50% Reward:https://help.bitz.top/article/100000500


Bit-Z China(Telegram):https://t.me/bitzCN

Bit-Z China(BiYong):https://0.plus/bitzCN

Bit-Z Community(Telegram):https://t.me/bitzEN

Bit-Z official WeChat:Bit-ZExperience

Risk reminder: Cryptocurrency asset is a kind of innovative investment product with volatile prices. Bit-Z serves as a neutral trading platform, established only for providing convenience for cryptocurrency enthusiasts trading cryptocurrencies, and assumes no liability or guarantee of or compensation for the investment value of coins. Please make a rational estimation of your investment ability and make prudent investment decisions.

Thank you for your support!

Bit-Z Team

August 22, 2019


related article

Following articles

Recently viewed