Dear BitTap Users,
In order to safeguard market integrity and protect the legitimate rights of our community, recent risk control inspections have revealed that certain accounts were engaging in abnormal trading activities and malicious arbitrage through event contracts. To preserve a fair trading environment and ensure the sustainable development of the BitTap ecosystem, the following adjustments will be implemented. BitTap remains committed to maintaining fairness, transparency, and a high-quality trading experience for all users worldwide.
I. Adjustment to Event Contract Commission Rebates
New rebate rate: 0.2% of trading volume
Scope: Applies to all event contract commission rebates, including both referral rebates and agent revenue sharing.
II. Adjustment to 1-Minute Event Contract Payout Rates
BTC: Payout rate adjusted to 65%
ETH: Payout rate remains unchanged at 70%
Payout rates will be dynamically optimized in response to market conditions.
III. Effective Date
All of the above adjustments will take effect from 00:00 (UTC+8), August 18, 2025.
IV. Important Notes
These adjustments are temporary risk control measures designed to curb abnormal arbitrage and maintain a healthy trading ecosystem.
BitTap adheres to the principles of openness, transparency, and fairness, and will take strict action against any form of abuse or rule violations.
The platform will continue to evaluate the rebate structure based on data monitoring and community feedback, and may consider restoring the original rates depending on market conditions.
Rights and benefits of compliant users remain unaffected; existing policies will continue to be honored.
For serious violations verified by the platform (such as wash trading or volume manipulation), BitTap reserves the right to cancel rebates, freeze accounts, or take other necessary measures.
For any inquiries or assistance, please contact our official customer support team.
Sincerely,
The BitTap Team
June 17, 2025