PrimeXBT, a regulated multi-asset brokerage platform, has launched its new VIP Tiers program, offering substantial trading fee discounts to active traders. The initiative, revealed on May 12, introduces a tier-based rewards structure that can reduce trading fees by as much as 50%, targeting retail and institutional participants.
The VIP Tiers system automatically assigns tier levels based on a trader’s cumulative 30-day trading volume across multiple markets, including Crypto Futures, Forex, and Contracts for Difference (CFDs) on indices, commodities, stocks, and digital assets. Traders who meet the volume requirement for VIP Tier 1 are instantly upgraded and enjoy a 25% discount on Crypto Futures and CFD trading. If they meet higher thresholds, they can advance to VIP Tier 2, unlocking up to 40% off Crypto Futures and 50% off CFD trading fees.
Tier status is locked in for 30 days but remains eligible for further upgrades as trading volume increases. PrimeXBT says the system is designed to offer transparency and flexibility, with all discounts calculated and applied in real-time.
PrimeXBT aims to create a more rewarding and inclusive trading environment for high-volume clients by rolling out VIP Tiers. The company emphasized that the new structure lowers barriers for active retail users and caters to institutional traders seeking cost-efficient access to global markets.
“This new program reinforces our commitment to delivering competitive conditions and long-term client value,”
a PrimeXBT spokesperson stated, adding that the firm continues to invest in tools that empower users while fostering loyalty through performance-based benefits.
In a similar show of customer-focused incentives, Kraken is stepping up to assist former FTX clients by offering trading incentives as part of the fund distribution process following FTX’s collapse. Eligible users who choose the crypto exchange to receive their payout will gain access to up to $50,000 in fee-free crypto trading on Kraken Pro, the platform announced in a blog post released on January 9.
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