Bittrex announces short-term trading fee reduction

Posted 13 June, 2019

On June 12, the cryptocurrency trading platform – Bittrex – announced a short-term reduction of fees for makers in USD pairs and takers.

According to the company report, USD maker fees will be set 0%, while taker fees will be reduced to 0.15% till June 3. The new tariffs are said to be effective for accounts that recorded monthly trading above $30,000 at least once.

"For the first time in its history, Bittrex is offering lower trading fees on its US dollar markets," reads the announcement.

At the same time, the company representatives highlighted that other accounts that do not comply with the requirements also can file an application for the fee reduction.

This event was launched to "celebrate the updates" at the platform once the exchange added euro trading to become available this summer.

"Upon completion of the promotional month, a new fee schedule with volume-based USD market fees will apply for qualifying accounts on both Bittrex.com and Bittrex International," the report states.

For reference, the exchange reportedly closed trading of 32 cryptocurrencies to US residents earlier.

It should be also mentioned that Bittrex failed to receive BitLicense in the New York state this spring. As the authority explained, the platform was considered the legal compliance policy inappropriate.

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