# Reduced trading fees

Rollbit launched their [crypto trading](https://rollbit.com/trading) product in [May 2021](https://twitter.com/rollbitcom/status/1391844612742991872). 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

{% hint style="info" %}
Check out our dedicated blog post on Rollbit's crypto trading [here](https://blog.rollbit.com/1000x-leverage-crypto-futures/)!
{% endhint %}

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. 

<figure><img src="/files/xojWHhLOxKibN8RqNjuE" alt=""><figcaption><p>Rollbit trading UI showing fee reductions</p></figcaption></figure>

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%                    |


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://whitepaper.rollbot.com/rlb-whitepaper/i/utility/reduced-trading-fees.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.