• Market Cap
    $370.417B -1.05%
  • POW Market Cap
    $282.933B 4.64%
  • POS Market Cap
    $19.096B 0.20%
  • Masternodes Market Cap
    $1.201B 1.13%

Birake changes Exchange Platform pricing

By Rafał - 2019-01-03

Birake prepares to launch Midas exchange that will be the first exchange (other than Birake) in their network. According to some issues with monthly fees they (BIR team) decide to change the whole fees structure.
Birake old fees
Birake new fees
From today if you would like to buy exchange you have to pay one time per year instead of one time payment + monthly fee. That change is quite significant, especially for the biggest package buyers. Instead of 120 000 BIR per year in "old" structure they will have to pay four times more!
On the other hand, future lowest package owners are in better situation because they are not losing anything, furthermore they are saving 110 000 BIR first year.
Trading fees split is still the same for exchange owners but Birake share is bigger in every package because there is no more "BIR burning".
Birake masternode owners trading fees share is still the same as earlier. 10% from the fees in first 2 packages and 5% from packages 3 and 4.
You want to know more about Birake? Check our review or visit birake.com.