Bullex has introduced a possibility for its customers to get a discount on transaction fees. You can get a discount of 50% when you pay your transaction fee with our loyalty token: DRP Utility (DRPU).
Example: Suppose you put in a Market buy order for 100 ETH. Your transaction costs for this order will be 0,2 ETH. When you hold sufficient DRPU and you have specified that you want to use DRPU to pay for your transaction fees, you will be charged for this trade the equivalent of 0,1 ETH (50% discount) in DRPU. This 'equivalent' will be calculated based on the going market rate for DRPU. The exact amount of DRPU that will be charged will be displayed as transaction fee before you place your order.
To qualify for the discount you have to fulfil two requirements:
- You should hold enough DRPU in order to pay for the transaction fee in full with DRPU.
- You should specify in your account settings that you want to pay for transaction fees with DRPU when possible.
If you don't fulfil any of the two requirements the regular transaction fee will apply.
When you want to change your settings to specify that you want to qualify for the discount, please click on your account name top right on the Bullex website and select 'Settings'. On the Settings page you can tellus that you want to pay you transaction fee in DRPU whenever you hold sufficient DRPU.