Answers

What is a plus commission?

On the UGMCRYPTO exchange, every user, regardless of their trading volume, can receive a positive commission from all limit orders. Since trading bots on this exchange operate only with limit orders, using trading bots on UGMCRYPTO allows you to benefit from this positive commission.

The maximum size of the positive commission is 0.1%, which is covered by the default market commission of 0.2%. To receive the positive commission, you can stake the UGM token within the exchange's staking pool.

By participating in staking, you can stake your UGM coins and earn additional commission for supporting the exchange's operations. This commission can be paid out in the form of additional UGM coins or another currency that the bot trades.

Please note that increasing your rank in the staking pool increases the size of the positive commission. Here are examples of the commission rates based on rank:

Rank 1: 0.004%

Rank 2: 0.008%

Rank 3: 0.012%

Rank 4: 0.016%

Rank 5: 0.02%

Rank 6: 0.024%

Rank 7: 0.028%

Rank 8: 0.032%

Rank 9: 0.036%

Rank 10: 0.04%

Rank 11: 0.044%

Rank 12: 0.048%

Rank 13: 0.052%

Rank 14: 0.056%

Rank 15: 0.06%

Rank 16: 0.064%

Rank 17: 0.068%

Rank 18: 0.072%

Rank 19: 0.076%

Rank 20: 0.08%

Rank 21: 0.084%

Rank 22: 0.088%

Rank 23: 0.092%

Rank 24: 0.096%

Rank 25: 0.1%


Participating in staking allows you to stake your UGM coins and receive additional commission for supporting the exchange's operations. This commission is paid out in the form of additional UGM coins or other currencies traded by the bot.

To fully understand the commission calculation, let's assume the trader has a staking rank of 12, which corresponds to 0.048% according to the table.

Let's suppose a limit order is placed in the sell order book for a volume of 20 UGM at a price of 5.5 USDT.

When this order is executed,

20 UGM * 5.5 = 110 USDT. The system will calculate the additional commission.

110 USDT * 0.048% = 0.0528 USDT.

0.0528 USDT will be credited to the user's balance.