BigONE Exchange, one of the world’s best crypto exchanges, has actually handled a new shine as it simply introduced a brand name new VIP system that transforms a user’s every engagement with the platform into his/her own advantages, be they mark down on area trading charges, decrease on take advantage of rate of interests, or an increased recommendation bonus offer.
“We are letting users understand their own engagements on the platform. We will offer users with much better services according to these behavioral qualities.” stated Kevin Cheng, Chief Operations Officer at BigONE Exchange. “ For example, some users do not like trading, rather she or he likes to hoard coins. For this user, we might cater a good wealth management item to him. But if a user likes trading a lot, we will make his/her trading experience much better off with a good trading charge discount rate.”
The VIP hierarchy follows 5 rankings, each representing a particular BigONE Point variety. For example, in order to accomplish the 3rd greatest ranking Platinum, a user requires to have at least 550 BigONE Points. If the user has more than 550 points, the user will get updated to Diamond. The greatest ranking in the hierarchy is Challenger, which needs 750 points. The greater the ranking, the more advantages a user can delight in. Full ranking goes like this: Bronze (0-450), Silver (450-550), Platinum (550-650), Diamond (650-750), Challenge (above 750).
From here you might be questioning how to get those golden BigONE Points? It’s really extremely basic. The system computes every user’ BigONE points by examining the user’s total state on 5 locations: Total Trading Volume, Average Daily Asset, Referrals, User Behavior, and Identification Verification.
Now let’s break them down.
Total Trading Volume is merely the overall trading volume in the last 30 days, consisting of both Spot trading and Perpetual Contract Trading, with the previous having a coefficient of 1, and latter of 0.5, which will be weighed by the system appropriately. The bigger the trading volume, the more points a user can get. The System instantly updates the points every 7 days.
Average Daily Asset in the last 30 days is also computed and weighed on coefficient of mainstream coins and altcoins, with previous being 1 and latter being 0.3. Mainstream coins are ONE/BTC/USDT/ETH/EOS/BCH/LTC/XRP. The more possessions you have, the more points a user can get.
Referrals. The more users you welcome and the bigger their trading volume, the more points you can get.
User Behavior describes how regularly a user logs in, trade area and continuous agreement, and fiat, each of which has its various coefficient. The more regular a user trade, the more points a user can get.
Identification Verification consists of KYC 1, KYC 2, and whether the account is related to a telephone number and e-mail address. If a user establishes total Identification Verification steps, the user gets the complete points in this classification.
So what are some of the benefits that users can receive from BigONE Points / Rankings?
For beginners, users can get a discount rate on the everyday rate of interest on loans utilized in Margin Trading. The rate starts with 0.1% for Bronze, and can go all the method to 0.03% for Challengers, which indicates that the everyday interest for a good $10,000 loan is just $3, which fades in contrast with the revenues made if BTC market value sees a boost in as couple of as $30.
What’s more interesting about the VIP system is that at each phase it provides a various level of discount rate on Spot Trading charges, which begins at 0.2% for Bronze and can go as low as 0.06% for Challenger, a rate that is way more generous than the market average, all things thought about. Moreover, users can get a good recommendation commission from the guest’s trading charge. which varies from 20% to 40%.
Other VIP benefits consist of strange new item advantages, unique mementos, periodic airdrops, unique task quota, and more.
However, there is another method to acquire the benefits. Spending and locking ONE are 2 of the guaranteed methods of getting the good discount rate on charges. For example, it just takes you $150 worth of ONE to get a trading charge of 0.08% efficient for one month, the like that of Bronze. The other method around is locking, in which you purchase and hold $214 worth of ONE to get the very same advantages of Bronze. The period is one month also. If you purchase wholesale, state 3 months, you get even more discount rates.
Objectively speaking, BigONE’s locking trading charge discount rate structure is 42 times more generous than that of other exchanges such as Huobi, where its users require to hold $8800 worth of HT in order to get a 0.08% trading charge, compared to just $214 at BigONE.
Although BigONE has a security breach-free record given that its creation, it is BigONE’s easy to use items and the stability to run reasonable and square that has actually caused the crypto neighborhood praising BigONE for being wholesome and inclusive. That’s also how BigONE believes the world needs to be.
Learn more about VIP system: https://big.one/vip
BigONE’s site: Big.one
Twitter: https://twitter.com/BigONEexchange
Telegram: https://t.me/B1_EN
Linkedin: https://www.linkedin.com/company/bigone-exchange/
New User Registration: https://bigone.com/users/new?code=7D7ESPIJ
**Please note – If you sign up through the link above, you will get a 30% discount rate on Perpetual Contract trading charges, and the discount rate will stay efficient up until July 20.
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