BITBON/USD
In accordance with the Bitbon System Roadmap, Bit Trade imposes specific buy and sell conditions in the period of increase in Bitbon liquidity to exclude possible price manipulations
Minimum account balance in Bitbon
1 Bitbon accounting unit
Minimum account balance in USD
1 USD
Maximum account balance in Bitbon
Not limited
Maximum account balance in USD
100, 000 USD
Balance above the specified amount must be agreed with the Company
Price variation of a sell order* to be placed below the maximum price within the last 72 hours*
25%
Maximum number of open Bitbon buy and sell positions in a Trading Account
5 orders
No more than 5 orders within 6 hours
Minimum step of change in a transaction volume
0.1 of base currency
Minimum transaction volume
0.1 of base currency
Maximum volume of a buy order
Not limited
Maximum volume of a sell order
100 Bitbon accounting units
Commission for Bitbon purchase
0.5% of the payment amount in USD, but not less than 0.1 USD
Commission* for Bitbon sale
Commission for the Bitbon sale is calculated by the exponential formula:

where Px is the sale price;
K0 is the minimum commission

Fixed minimum commission of 20% is established for selling Bitbons at the price of 20 USD and above
Commission for selling Bitbons received as remuneration for mining
20% of the sale amount, commission is charged in USD
Order execution principle
Incoming orders (buy and/or sell) will be executed based on the time they are placed, i.e. the order placed first will prevail over other orders.

* Commission is a service charge for each executed transaction. The commission calculated using the formula is charged by Bit Trade and distributed between the Affiliate Program (50%) and BMA Fund (50%).

* Maximum price is the highest price of a Bitbon buy and/or sell order executed over the last 72 hours.

* Order is a buy and/or sell order placed in the order dashboard for a certain trading instrument at the price defined by a Customer.

If an order is not executed within 90 days, it is automatically rejected by the system, and the Customer’s funds are returned to his/her Trading Account.