Holding EQO on EQONEX entitles clients to discounts on their trading fees. These discounts will be implemented through an uplift to the client’s fee tiers based on how many EQO are held by the client.
Clients who hold 10,000, 50,000, 100,000, and 500,000 EQO in their balances will be upgraded by 1, 2, 3, and 4 tiers, respectively. The maximum fee tier that retail clients may be upgraded to is Fee Tier 5.
For example, if a client on Fee Tier 2 has a balance of 50,000 EQO, they will be upgraded by 2 fee tiers, meaning that they will be treated as if they are at Fee Tier 4. However, if the same user were to hold 500,000 EQO, they will be upgraded to the maximum Fee Tier of 5. More information about EQUOS fee tiers may be found here.
The table above shows the eligibility of fee tier upgrades based on the amount of EQO held by clients.
To learn more about the potential of EQO, read the whitepaper here.
The next halving event for the EQO token is due to take place on September 24, and it's good news for EQO holders.
Watch the recording of our "Trading Tools to Win" webinar, in which EQONEX.io partnered with Margin.de to bring you strategies, tools, and tactics you can employ to make your crypto portfolio work harder and perform better. Our panel of experienced traders talked about their trading philosophy, the Margin platform, the panel's favorite Algos, and how EQONEX' native token EQO can boost your returns.
EQONEX, the institutional-grade cryptocurrency exchange owned by Nasdaq-listed EQONEX [EQOS], today announced that EQONEX Origin (EQO) officially starts trading, with traders receiving a share of over one million EQO tokens that have been issued to price-taker traders on the platform.
Introducing EQONEX Origin, EQONEX.io's first native token, designed to be the catalyst to enhance your crypto wealth.
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