CrestsX and Features
Last updated
Last updated
CrestsX and Features section will provide a discussion of the technical aspects of CrestsX, including its architecture and functionalities. The section will highlight the seven main features of CrestsX, which include the Orderbook Spot Trading, Derivative Warrants, AI Trading Strategies, Copy Trade Strategies, NFTs orderbook, Referral Program, and CrestsX Portfolio dashboard. Prior to proceed
A transaction fee is a standard charge that is applied when executing buying or selling actions of assets on a trading platform or exchange. At CrestsX, a transaction fee is levied on all transactions executed on its platform, with the exception of deposit and withdrawal transactions. The percentage of transaction fees varies based on several factors. Both makers and takers receive the same rate of transaction. However, CrestsX does not retain all the transaction fees collected from users. Instead, the platform allocates a portion of the fees collected as rewards to its users.
When a trader deposits their token on CrestsX, they can earn rewards in the form of that token. The earnings received as rewards are automatically compounded into the trader's deposit account balance, which means that the trader's balance will continue to grow as they trade on the platform. In addition, CrestsX redistributes the transaction fees collected on the specific coin being traded back to the trader's deposit account for that particular coin. Therefore, traders can potentially earn rewards and receive back a portion of their trading fees by depositing their tokens on CrestsX and trading on the platform. However, if users want to receive the CrestsX native coin (CRESTS coin), users have to trade within the platform. Overall, CrestsX's transaction fee and reward system provides users with the opportunity to earn rewards and potentially receive back a portion of their trading fees, making it an attractive platform for traders looking to maximize their earnings.