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Announcement on the Update of Tax for VIZ

Dear BitMart Users,


BitMart updated transaction tax structure on 3:30 PM at 6/2/2023 UTCThe details is as the followings: 


*VIZ Transaction Fees Explanation: VIZ transactions charge extra 3% trading fees on top of BitMart Fees for all retail users, including 0.5% directly redistributed to all existing VIZ holders on BitMart in USDT and 2.5% to the liquidity pool. BitMart will take daily snapshots of users’ VIZ holding balances. Distributions will be completed on the basis of T+2. Users could find the distribution record through Funds History page. Find out more details of VIZ higher than the standard trading fees structure of BitMart click here



Thank you for your support and understanding! 


BitMart Team

June 2, 2023


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