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VOOI:rebateProgram
Last updated
Last updated
A rebate is a partial refund issued to someone who has paid too much for taxes, fees, and other similar expenses. In the context of trading and finance, a rebate typically refers to a portion of trading fees that is returned to the trader.
At VOOI, the rebate program is automatically enabled for users who trade on KiloEx, specifically when opening or closing positions. This program is designed to reduce your trading costs on KiloEx. No registration or activation is required to participate in the rebate program.
KiloEx: Base for Rebates
KiloEx applies a uniform commission rate of 0.07% on both opening and closing positions. It's important to note that KiloEx reserves the right to modify this commission rate. VOOI doesn't charge any additional fee for trading on KiloEx.
Example of commission calculation at 0.07%:
Opening: If a user opens a long ETH position with a margin of 100 USDT and 10x leverage, the opening commission is 100 * 10 * 0.07% = 0.7 USDT.
Closing: When the user closes the position, and the position value is 1100 USDT, the closing commission is still 1100 * 0.07% = 0.77 USDT.
VOOI's Share: 50% of this commission is given to VOOI. VOOI returns a part of its commission share to all users, regardless of their participation in the referral program, for more information.
Please consider enrolling in the VOOI Referral Program to maximize rebaits. For more information, please refer to VOOI:referralProgram
Rebaits for trading on KiloEx are distributed daily and can be claimed via VOOI unified trading terminal.
To claim rebates for trading on KiloEx:
Visit VOOI unified trading terminal at app.vooi.io.
Connect your wallet.
Click 'Rewards' on the left, change the chain if necessary, and claim the rebate if available:
