Our team is pleased to announce the following new features.
Reduced Trading Fee
Our trading fee now starts from 0.85% and can drop to 0.1% for high volume traders. Please see our fee schedule for details. It’s based on your 30 day volume so your trading fee may have already have been reduced. You can check your current fee by entering some volume on the Buy/Sell page. If you already have a reduced fee, the reduced volume fee will only apply if it’s lower.
Trading Area Enhancements
Spend all and sell all functions have been added to the trading area – no more calculators required for working out fees. Fees are also displayed more clearly. The layout has also been enhanced to separate the buy and sell forms to make it easier to trade.
BTC & LTC Deposits
BTC & LTC deposits will now be credited upon 3 confirmations on the blockchain.
Refer a Friend
Only a few days left to refer a friend and get your trading fee reduced to 0.5%. The last day to take advantage is this Saturday the 31st of May.
The BTC Markets Team
Today our team deployed the following changes to the site:
- New login page
- Main menu navigation changes to make the site more accessible through consistent menu options
- Added a comprehensive FAQ area to answer common questions
- AML / CTF / Fraud policy updated
- News area has had some UI changes to more match the website and the addition of a twitter feed of market news.
- Increased form validation and context sensitive help across the site
International Support – Coming Soon!
We intend to add support for international bank wire deposits that will be converted into AUD, international bank wire withdrawals in most currencies, and international verification. It is anticipated the increased customer reach will encourage a lot more trade on our exchange and in turn provide better pricing for all of our customers. Details will be published to the site when this service goes live.
Volume Discount – Coming Soon!
We are working on a more competitive volume discount and base fee that will make our exchange fees more competitive internationally and also for Australia. For those that already have a reduced rate it will only impact you if your rate drops even lower as a result of your trade volume. The greater your volume, the greater your fee reduction.
Main Trading Area Improvements – Coming Soon!
We plan to improve trading area and add an auto purchase feature (to make it easier to spend all of your AUD, and sell all of your BTC / LTC). We will also reduce blockchain confirmations for deposits to 3 so people do not have wait as long.
Refer a friend
Don’t forget to refer a friend if you can. With many participating in the refer a friend scheme we have seen a large number of sign ups over the last few days. Thanks to our customers who have made some referrals you can now enjoy 0.5% trading fees. If you are still yet to take advantage of this offer you should hurry as this promotion ends on the 31st of May.
If you don’t have any friends who trade, please don’t feel left out as our volume discount will soon go live. As always, we hope you enjoy the changes as most are in response to our customer feedback. Please let us know what you think!
The BTC Markets Team