Use Point to Cover Trading Fee

Point can be used to cover trading fee at  Gate.io exchange; 1 point=1 USDT in trading fee deduction.

As the real cost of 1 point is less than 1 USDT(about 0.3 USDT/POINT). Using Point can significantly reduce your trading cost.

Scenarios Point can be used:

1. Point can be used to pay trading fee in spot trading and margin trading.
2. Point can be used to pay trading fee in periodic investment plan.
3. Point can be used to pay a part of taker's fee (0.05%) in perpetual contract trading(you have to transfer points to your perpetual contract account first in order to use point to pay taker’s fee).
4. Point can be used to pay a merchant's trading fee in fiat OTC trading (customer role is fee free)
5. Point can be used to pay commission Gate.io charged when you are borrowing crypto (not interest that you have to pay lenders).

Note: Point will no longer in use  after September 1, 2020 in crypto-to-crypto trading, margin trading and perpetual contract trading, etc.