This week kicked off with users being able to benefit from lower trading fees on BaseFEX. The new fees have come as a result of the platform rolling out a new fee structure which sees lower takes fees being offered on the platform. Previously, the taker fee on BaseFEX was 0700%/0.1000%. Following this new improved fee structure though, that fee has been lowered to 0.0600%. This new fee will now be rolled out for traders universally. [cta text='Visit Basefex' href='/out/basefex'] However, that is just for starters as those who trade larger amounts can receive even lower fees, thanks to their new tiered schedule the platform that has also launched simultaneously. As such, those high-volume traders will see even more benefits from the new system as they get rewarded for bigger value trade behaviour. With the BaseFEX stating that their “new fee structure offers retail traders the fee reduction benefits that were only available for institutional investors”. They also noted that some of these may be “impossible to obtain” for even institutional investors under the previous fee structure that was in place. For more specific details on these updates to their fees, you should check out BaseFEX’s fees page. While you are on their site it may also be worth checking out a series of other updates that have recently been made available to their traders, including new risk management features, as well as the new pairing on the platform added late last week, EOS/USDT.