How Can Holding an Exchange’s Native Token Reduce Trading Fees?
Many cryptocurrency exchanges issue their own native tokens, which offer various benefits to holders. One of the most common utilities is a reduction in trading fees.
By holding a certain amount of the exchange's token in their account, users can receive a percentage discount on their maker and taker fees. Some exchanges also allow traders to pay for their trading fees directly with the native token at a discounted rate, further incentivizing its use and creating demand for the token.