Zebpay Reduces Intraday Fees Drastically

If Zebpay users buy and sell cryptocurrency on the same day, the fee will be only 0.1% for the transactions
05 April 2018   822

One of the largest crypto-currency exchanges in India, Zebpay, has announced a drastic reduction in fees for intraday transactions. From April 2, if users buy and sell cryptocurrency on the same day, the fee will be only 0.1% for the transactions.

For example, if you buy 2 bitcoin (BTC), and sell 1.5 BTC on the same day, you will be eligible for the 0.1% fee on the buying and selling of 1.5 BTC. For the remaining 0.5 BTC, the usual low Zebpay fee will apply.
 

Zebpay Announcement

Zebpay stated in the announcement that Bitcoin and other cryptocurrencies display a lot of price volatility, and day traders who try to gain from this volatility can now benefit from Zebpay’s low intraday fee of 0.1%.

Zebpay fee announcementZebpay announcement regarding fees

It it worth noting that for the purpose of intraday rebates, “same day” is the period from midnight-of-a-day to midnight-of-the-following-day. At the time of making the transactions, the users will be charged the usual low Zebpay fee. On the following day, after checking thier intraday trades, Zebpay will automatically refundthe users the extra fee that was charged earlier.

Previously, we have reported that Zebpay cryptocurrency exchange announced the beginning of support for Litecoin.

Eurex to Launch Crypto Futures

Bitcoin, Ethereum and Ripple futures will be launched by Eurex, world's biggest derivates exchanges, managed by Deutsche Borse
22 February 2019   133

The Eurex financial derivatives platform, managed by Deutsche Börse, the largest German stock exchange, is preparing to launch Bitcoin, Ethereum futures and Ripple XRP token futures. This is reported by The Block.

Eurex has been closely following the cryptocurrency market since 2017, exploring opportunities to launch cryptoactive assets futures. The company also recently held a series of meetings with various representatives of the industry. The exact timing of the launch of new products is still unknown.

Eurex is one of the world's leading derivatives exchanges. It was established in 1998 as a result of the merger of the Deutsche Terminbörse German Stock Exchange Derivatives and Swiss Options and Financial Futures.

There are a lot of various futures contracts on the exchange, which are derivative financial instruments from stocks, stock indices, bonds, volatility indices, credit and interest derivatives. Access to trading on the Eurex is provided from different points of the globe.

Additionally, Deutsche Börse is preparing the launch of a blockchain platform for securities based on Corda technology.