Bibox will increase the reward of the BIX incentive reward program to 30% weekly net profit of Bibox.com from 17:00 2018.3.30(Beijing Time).
The new calculation mode as below（For example）,
The trading amount of Bibox.com is 10,000BTC of this week. As the new fee structure, the net profit of this week is 20BTC in Bibox.com. Not counting the operating costs, if you hold 130000BIX, you will receive (130000/130000000) *30 %* 20BTC = 0.006 BTC per week. If the trading amount and operating costs of the platform stay the same, you will get 0.024 BTC a month.
F&Q of BIX Incentive Reward Program
Q. I have BIX but not in my bibox account, can I get the reward?
A. You have to keep the BIX on your Bibox account to get the reward.
Q：There was no deal this week, can I get the reward?
A：No, you need to trade at least once a week.
Q. What are the restrictions on token and quantity for trading?
A. You can trade any token and any amount.
Q. When will be distribution the reward?
A. Bibox will take a snapshot of BIX balances at 17:00 on every Friday. All the reward we will distribution to users’ account within 1 hour.
Q. Where can I check the reward.
A. The reward will be distribution to your account. You will be able to check the distribution record in Funds > My Bill.
Q. What is ‘Altcoin’?
A. Altcoin is partial altcoin. When the BIX is insufficient, we will pick other tokens to replace BIX to distribute the incentive rewards.
Q. Duration of BIX incentive reward program
A. The activity is long-term effective，subsquent adjustment is based on the situation. Please pay attention to the official announcement.