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Press Release: Friday, March 5 2021, 13:00 CAT | Source: Artis Turba

Artis Turba is excited to announce the upcoming adjustment to trading fees starting Monday the 22nd of March 2021. The following fees will apply to all markets on the exchange:

Maker Fees: -0.1% (market makers will now get paid an additional 0.10% when their limit orders are filled)

Taker Fees: 0.15%

COO, Nigel Peacock, said: “We aim to provide traders with the best experience, support, and fees. The new fee structure was designed to attract liquidity to the South African markets. We are confident that the new fee structure will allow us to better compete with some of the most popular exchanges in the world.

Since Artis Turba launched in September 2018, our focus was on development, security, and regulatory compliance to ensure we provide a safe and intuitive platform. With major developments and compliance behind us, we can now focus on growing our community and liquidity.

Since early 2020, we have been processing ZAR withdrawals as Immediate Payments (RTC) to participating banks, as traders enjoy the faster turnaround time. These Instant Withdrawal services come at no extra cost to traders. Further, we streamlined our Know Your Customer (KYC) verification process and reduced the verification time significantly making for a convenient onboarding experience.

We look forward to adding additional new services in 2021 including an online Over-the-Counter (OTC) Desk service for bulk ZAR transactions from three of the world’s major OTC Desks. We are also adding a Buy Crypto with Debit/Credit Card service and a ZAR account Top-up with Debit /Credit Card in addition to Electronic Funds Transfers deposits.”

Artis Turba is a South African-based Cryptocurrency Exchange that offers an on/off ramp for popular Cryptocurrencies to ZAR as well as Crypto/Crypto trading pairs. During the recent Bitcoin rally, Artis Turba enjoyed an increase in signups and in trading activity as traders increasingly bought Bitcoin with ZAR and other Crypto Assets.

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This article is a Press Release received from Artis Turba. Global Crypto did not receive any form of compensation for its publication, and as this material is deemed newsworthy for the Southern African blockchain industry, it was thus published accordingly.

Kratika is Global Crypto's Admin Assistant. She has extensive experience working for top tech firms from around the world, and has a wealth of knowledge in the FinTech industry.