• Market Cap
    $2,037.636B -4.46%
  • POW Market Cap
    $1,425.480B -6.32%
  • POS Market Cap
    $192.246B 1.73%
  • Masternodes Market Cap
    $5.935B -1.07%

Birake. We know fees structure.

By Rafał - 2018-10-13

Birake revealed first version of fees and rewards structure for their exchange network.

The costs of exchange set up are not very big at the current BIR price. If someone wants to start exchange on Birake network the initial fee is set at 200 000 BIR, this is one time payment. Then exchange owner will have to pay 10 000 BIR per month.

If you are a masternode owner you will get 50% from the Network fees. Also, 20% of these fees will be burned and 30% will be used for Birake development and marketing. 

The exchange owners will be earning by Market fees. 70% of that will go to them. 10% will be burned and 20% will go to BIR. 

Sneak peek of Birake exchange

Birake development is on the right track, so we can expect that exchange release will be "soon". If you want to know more about this project check Birake review

Visit official Birake website: https://birake.com and join discord channel for support.