INEX, a virtual asset exchange, announced on the 25th that it has fully implemented a 'lifetime 0% fee policy' for all virtual asset transactions. The difference with this policy is that it is a 'permanent fee-free' declaration for all listed items, unlike the fee exemption methods of existing exchanges that are limited to certain items or applied only temporarily.
InX is a new 2nd generation virtual asset exchange that values a transparent, user-centered trading environment as its core value. InX stated, “We will continue to maintain a 0% fee policy without exception for all listed coin transactions, including Bitcoin (BTC) and Ethereum (ETH), and completely resolve the burden of fees that has been imposed on users,” and through this, they announced their position to provide a more efficient trading environment for domestic virtual asset investors.
An INX official said, “This will be an opportunity to prove that it is possible to design a sustainable business model without relying on fee revenue,” and “Ultimately, we will play a leading role so that competition between exchanges can result in user benefits.” Furthermore, he explained, “By permanently eliminating the burden of fees, we expect the ‘Catfish Effect’ to create a customer-centered trading environment and lead to healthy competition within the industry.”
Meanwhile, INX has been continuously expanding the listing of real-world digital assets such as BENQI and ONDO and projects with real revenue structures, and plans to present a new virtual asset trading paradigm through transparent listing standards and a user-centered service model along with this fee policy.
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