Reducing Futures transaction fees with ONUS or NAMI payment

In order to help users have a variety of options when trading ONUS Futures, starting today, July 8, 2022, the team officially allows users to pay Futures trading fees with ONUS and NAMI tokens, besides VNDC and NAO.

ONUS & NAMI Payment Mechanism

Normally, Futures users need to pay a transaction fee of 0.06% trading volume when opening and closing orders. Fees are calculated in VNDC by default. Starting from July 8th, users will receive a 25% discount when paying with ONUS or NAMI (0.06% fee reduced to 0.045%).

Example: You create a Buy/Long BTC position with a volume of 5,000,000 VNDC

  • Order opening fee if paid in VNDC: 5,000,000 x 0.06% = 3,000 VNDC
  • Order opening fee if paid in NAO: 5,000,000 x 0.045% = 2,250 VNDC (25% discount).

Note:

  • The amount of ONUS or NAMI fee to be paid is calculated according to the ONUS/VNDC and NAMI/VNDC  exchange rate at the time of charging. For example, with the exchange rate of NAMI/VNDC at the time of charging is 1 NAMI = 250 VNDC, you need to pay 2250 / 250 = 9 NAMI.
  • Liquidation premium and order maintenance fee are still calculated in VNDC according to the old fee schedule.

Besides, users can choose to pay fees in NAO to get 40% off Futures trading fees.

Detailed Instructions

  1. Instructions to deposit/withdraw ONUS and NAMI to Futures wallet

Step 1: At the Futures screen, select the Wallet icon.

Step 2: Click Deposit. 

Step 3: Select the asset you want to deposit (ONUS/NAMI).

Step 4: Enter the amount.

Click Deposit and verify to complete the transaction.

Step 1: At the Futures screen, select the Wallet icon

Step 2: Click Withdraw. 

Step 3: Select the asset you want to withdraw (ONUS/NAMI).

Step 4: Enter the amount. 

Click Withdraw and verify to complete the transaction.

2. How to choose ONUS and NAMI as payment

Step 1: At the Futures screen, select the Wallet icon.

Step 2: Select the Settings icon.

Step 3: Select ONUS or NAMI. Click Confirm to finish.