Dear Billance Users,
Time: 1st-April, 12:30pm UTC
Billance hosted an AMA (Ask-Me-Anything) session with Simona, CMO of the Billance, in an active crypto community.
Billance almost sounds Binance. So may you please share to us what's the story behind naming your crypto exchange project this way?
Billance is from ‘billionaire’ and ‘brilliance’.
Uh, you know.
In most exchanges, there are typical issues on fees so can you please discuss how are fees treated on Billance's SPOT and DERIVATIVES? Can you tell us how much are the fees on these services for both order makers and order takers?
Maker Orders are Orders that enter the order book and fill up the liquidity inside the order book before execution. The trading fees on spot is 0.1% while the trading fees on Derivatives is 0.04%.
Taker Orders are Orders that execute immediately by taking liquidity out from the order book. The trading fees on spot is 0.1% while the trading fees on Derivatives is 0.06%.
One of the products created by Billance is “EARN”. So could you provide more details on what #BillanceEarn is? How is it used and what is its main objective? Why do you think Earn is a good choice for earning stable returns?
Earn is a product created by Billance, its main objective is to meet the different liquidity and investment needs of its internal investors and or users. By using the product, users can buy short-term Earn products with different deliverables, thus allowing the user to earn higher returns than their bank savings in an identical period. For investors and or users who do not require high liquidity for short-term funds and seek higher returns,Earn is definitely a good choice for earning such stable returns.
Four Unique Selling Points of Billance:
High Yield-Earn returns that are in comparison much higher than traditional financial products, offered by the Banks.
Low risk-Earn only invests in products that form apart of and comply with Billance's short-term and high-security strategy, ensuring all users and or investors can earn income both efficiently and effectively.
ZERO Fees-ZERO Fees for the investment, on part of the user refers to a situation, where there is absolutely no cost for subscription, as well, removal of the same subscription.
Low Threshold-Due to the selecting of low-risk strategies and products, compared to other more traditional options, the investment threshold can be as low as 100 USDT.
Billance Earn-Fixed Term refers to a situation, where a digital asset that is deposited for a fixed period, allows the user to earn a higher return than its flexible counterpart. Note Being, you may lose your regular earnings, if you choose to withdraw them too early.
Billance Earn also has regular high-yield digital currency deposit events, that are used in conjunction with different project parties. Users are required to lock in the corresponding digital currency in Billance to receive higher returns. Subscription is always required for these events, its definitely a good idea to pay close attention to Billance announcements for more information.
One of the most crucial considerations is security; how about security in Billance? Do all users have to go through the KYC process before they can utilize the features? What about outside attacks or hacks? Does Billance allow bug hunters?
A professional team, the ultimate user experience, a strong risk control system, an efficient and stable system, and compliant operations are the safest guarantees we can give our users.
We are negotiating strategic cooperation with two well-known companies in the industry that provide digital asset custody and insurance services. It is expected that the value will be greater than the 20 million insurance funds disclosed by the platform, which will also become the most solid security guarantee for users. User safety is more important than everything else, and it has always been our aim.
Does Billance has its own native token? If so, what are the use-cases of your token in your trading platform? Can it be used as a discount on our trading fees? If not, do you plan on issuing a token for your platform in the future?
Billance currently has no immediate plans to issue coins and or airdrops, and everything is still in the exploratory stage. Don't be fooled by fake websites.
However, we plan to launch a platform currency at the right time to expand the team and develop our ecology. When our own token is launched, we will consider sending airdrop benefits to early loyal users. Please feel free to pay attention to the official social media handles for all the latest news.
Website: https://www.billance.com/
Twitter: https://twitter.com/billanceglobal
LinkedIn: https://t.me/BillanceExchange|
Medium: https://medium.com/billance
YouTube: https://www.youtube.com/channel/UCj4ocBlVoduelyFApLhQNxg
Media Contact
Company Name: Billance
Contact Person: Media Relations
Email: Send Email
Country: United Kingdom
Website: https://www.billance.com/
