Trading fees can make or break any exchange. Vaultoro recently introduced negative trading fees, allowing the platform to gain a crucial competitive edge.
Rewarding Liquidity Providers
In the cryptocurrency space, exchanges will often reduce trading fees based on how much volume a user generates. Conducting more trades yields lower fees, and thus more profit per order. It is a sensible system, but one that is growing outdated.
Instead of still charging fees for liquidity providers, they should be rewarded with negative trading fees. It is not a new concept, yet one that very few companies are willing to explore, for some reason.
In Vaultoro's case, introducing negative trading fees was a logical business decision. The company aims to solve the liquidity problem by paying users to conduct trades. More specifically, half of the fee normally charged is given to people who bring cryptocurrency liquidity to Vaultoro.
To ensure one gets paid to trade, users simply have to put in orders that won't get matched right away. Dumping into an order book will not yield negative trading fees. It is designed only for actual market makers forcing traders to accept their offer. This does apply to both buy and sell orders, thus there are plenty of options to experiment with.
Get Free Gold for Trading
Another benefit to using Vaultoro is how users will receive 1/2 gram of gold for free after they traded $100 or more. This offer extends to any user you may refer and who meets this threshold as well.
There is a lot of good money to be made by inviting more people to trade on Vaultoro, as their rewards are more than generous. This is provided on top of the 20% of trading fees generated by Tier1 referrals being credited to your account. Second-tier affiliates will generate 5% of trading fees for you as an affiliate as well.
Start trading on Vaultoro now and refer your friends to earn some free gold!