📈Reduced trading fees
Learn how to reduce your Rollbit trading fees with RLB
Rollbit launched their crypto trading product in May 2021. Fast forward to today, crypto trading is one of Rollbit's leading verticals, with more than $100 billion in total volume processed.
Rollbit's crypto trading was created after the Rollbit team realised that there was a huge gap in the market due to existing crypto trading platforms being complicated to new users.
Rollbit set out with the goal of making a simplified trading experience, allowing even the most novice of traders the ability to trade their favourite cryptocurrencies with ease.
Rollbit's crypto trading offering is very different to alternatives due to a variety of reasons:
Up to 1,000x leverage
Optional fee structures (with competitive BPS)
Instant trade execution
Zero slippage
Social aspects including the ability to track a friend's trade in real-time
Check out our dedicated blog post on Rollbit's crypto trading here!
With the goal of making RLB the cornerstone of Rollbit, it's no surprise that holding RLB can give you exclusive benefits when trading cryptocurrencies via Rollbit.
The trading fee reduction will depend on the value of your RLB holdings and also what fee structure you use.
When using the PnL cut fee structure, you will receive a percentage discount on the fee taken when closing out a trade using this fee structure.
When using the flat fee structure, you have the option to pay the fee using RLB, with a percentage reduction in the overall fee when entering a position using this fee structure.
View the table below to see how much each RLB holding value bracket reduces trading fees.
| RLB Holdings (USD) | Trading Fee Reduction |
|---|---|
$2,500,000 | 60% |
$1,000,000 | 50% |
$250,000 | 40% |
$100,000 | 30% |
$10,000 | 20% |
$1,000 | 10% |
$100 | 5% |
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