ViteX is a decentralized exchange with its own native token, VX. Currently, ViteX has four major trading markets: VITE, BTC, ETH, and USDT.
There are two types of fee charges: 1. ViteX charges a Base Transaction Fee of 0.2%. 2. ViteX Operators running their own Zones may charge an additional fee ("Zone Fee") up to 0.2%. Operators also reserve the right to adjust their individual Zone Fees.
The above fees are the same for both the makers and the takers.
A trader can choose to stake 10,000 VITE to lower the Base Transaction fee from 0.2% to 0.1%. However, any additional Zone fees will remain the same.
There are no fees for deposits and withdrawals between the Vite wallet and ViteX; only quota will be consumed in these cases.
When assets are withdrawn to non-Vite wallets, the partner cross-chain gateway will charge a certain amout.