Exchange Fees Payments

When conducting transactions on the Citronus Platform, users can pay a commission in native $CITRO tokens. When paying commissions in the native token of the platform, the user pays a commission with a discount of 20% of the amount that could be paid in other coins.

For a more understandable description of the mechanism for fees payments and discounts, let's look at an example:

John wants to open a position on the spot market of 20 ETH with USDT. John is not a very active trader, so he is not a member of the loyalty program, and for him the commission for spot trading will be standard. But he knows that one of the benefits of the $CITRO token (the main token of the Citronus platform) is to pay the fees.

For a more understandable description of the mechanism for fees payments and discounts, let's look at an example:

Let's assume that 20 ETH cost $20K ($1000 per 1 ETH). The fee will be:

• In case of payment in USDT:

  • Platform commission (0.1% of the transfer amount): $20,000 * 0.1% = $20

• In case of payment in the $CITRO token (20% discount):

  • Platform commission (0.08% of the transfer amount): $20,000 * 0.08% = $16

Thus, it is beneficial for John to pay for his transactions in the CITRO token, as this allows him to save on commissions.