Arkham Exchange Introduces Zero Maker Fees and Discounts on Taker Fees
Arkham Exchange has announced the launch of its new trading platform, offering zero maker fees for both spot and perpetual contracts, according to arkhamintelligence.com. This move aims to attract traders by significantly reducing the cost of transactions.
Discounts on Taker Fees
In addition to eliminating maker fees, Arkham Exchange is providing up to a 95% discount on taker fees. This discount is determined by the trader’s balance of ARKM tokens and their trading volume. Traders can also benefit from an additional 25% reduction in fees if they opt to pay using ARKM from their spot balance.
Competitive Trading Environment
The introduction of these fee structures is designed to foster a competitive trading environment and encourage higher trading volumes on the platform. By leveraging ARKM holdings, traders can optimize their fee savings, making it a potentially attractive proposition for high-frequency traders and those managing large portfolios.
Eligibility and Access
Arkham Exchange is open for sign-ups; however, eligibility is subject to jurisdictional restrictions. Notably, residents of certain regions, including the United States, are excluded from accessing the platform. This limitation is aligned with regulatory compliance and jurisdictional laws.
The launch of Arkham Exchange with these incentives positions it as a noteworthy player in the cryptocurrency exchange landscape, potentially influencing market dynamics by offering traders cost-effective solutions.
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