Dear XTers,
To further enhance the quality of our platform services and ensure the healthy development of the trading ecosystem, XT has decided to adjust the commission rebate policy for certain cryptocurrencies. This adjustment targets specific cryptocurrencies to provide a more stable and transparent trading environment for all users. The details are as follows:
1. Cancellation of Commission Rebate Policy for Specific Cryptocurrencies
From the date of this announcement, some cryptocurrencies will no longer be eligible for the commission rebate policy. For details on the affected cryptocurrencies, please refer to the table in the attachment to this announcement.
2. Reasons for the Adjustment:
- High Market Volatility: Some cryptocurrencies have high market volatility. Frequent price fluctuations can lead to instability in the rebate mechanism, posing unnecessary risks to users.
- Security Considerations: To protect user assets, we have conducted risk assessments on certain cryptocurrencies. Due to higher security risks associated with some cryptocurrencies, we have decided to cancel their rebate policy to reduce potential risks.
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Optimizing Resource Allocation: The platform needs to allocate resources reasonably, focusing on serving mainstream cryptocurrencies with high liquidity and active trading, thereby improving overall service quality and user experience.
3. User Rights Protection
For transactions already within the rebate period, settlement will be made according to the original policy to ensure that users' legal rights are not affected. After the implementation of the new policy, users can continue to trade the related cryptocurrencies, but they will no longer enjoy the commission rebate policy.
4. Future Outlook and Updates
XT will continue to monitor market dynamics and user needs, continuously optimizing and adjusting platform policies to provide a safer, more efficient, and transparent trading environment. The commission rebate policy for cryptocurrencies will be adjusted from time to time based on market conditions and updated promptly in the attachment. We appreciate your understanding for any inconvenience caused!
Thank you for your support!
XT Team
August 03, 2024
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.