Cashback is daily charged based upon the Taker and Maker rates appropriate to the trading volume. After the order execution, system is automatically repaying the return of the commission amount, which is to be paid off to the trader. The return of commission amount is calculated and paid off in the currency of the deal.
For example, for a pair ETH/BTC, Cashback for a buyer will be repaid in ETH, for seller - in BTC.
The buyer’s trading volume is converted from ETH to USD when the transaction is being performed, and the seller’s trading volume - from BTC to USD. When calculation is made trading volume in USD is summed and compared with the interest rates ranks for payments; Cashback rate is set, which is multiplied by the commission paid by the user. The received amount is returned to the trader.
When Cashback is charged?
Cashback is charged on the next day by crediting the return of the commission amount to the user’s wallet.
Where trading volume information can be found?
The user can find out all the necessary trading volume information on the current date (Today tab), on the selected date and over the selected period (Statistics tab).
How to increase Cashback rate?
Cashback rate is increasing as the user’s trading volume is growing according to the payment ranks.
Do the Taker and Maker rates for Cashback ever change?
Yes, the exchange reserves the right to change the Taker and Maker rates. Along with that, the historical data of the trading volume and credited Cashback are rest unchangeable. The changes to the rates come into the effect on the day of the publication on the platform.
Cashback charging program
Return up to 112.5% of the commissions paid on EXMO under the Cashback program