1. Basic Information of Bit-Z Contract
A: What Bit-Z provides is perpetual contract, now Bit-Z has launched BTC_USDT and ETH_USDT, which uses USDT as margin and currently supports 20 times of leverage at most. LTC, EOS, etc. is launching soon.
2. Contract Commission Fees
A: maker:-0.03%,taker:0.07%
Maker is placing orders, which provides liquidity to the market; taker is taking orders, which consumes market liquidity.
3. How to calculate commission rebate?
A: Rebate only applies to commission fees generated from invitees’ taker orders, not including those from maker orders.
4. Is there any hierarchy restriction for commission rebate?
A: Currently commission rebate only comes from direct invitation.
5. How to calculate trading volume?
A: trading volume is to calculate opening value, which is the trading volume after considering leverage and it calculates both maker and taker.
6. How long does commission rebate relationship last?
A: Perpetually.
7. When will contract real trade be issued on APP?
A: It is expected to go live on July.
8. Does "invite to get commission rebate" only apply to contract trading?
A: "Invite to get commission rebate" works on both contract trading and coins/tokens exchange trading, for commission rebate of exchange please refer to:
https://help.bitz.top/article/1000005009. Is bidirectional position available?
A: we have solely unidirectional mode, and only support position of single direction.