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In the competitive crypto trading market, exchanges’ token holder programs have become a primary way for traders to unlock VIP perks like reduced fees and enhanced limits. These programs increase a token's utility and reward loyal users. Bybit has developed an innovative approach with its new integration of the Mantle (MNT) token.
By combining the Bybit MNT Holder Program with direct fee discounts, Bybit has created a powerful dual-benefit system. This article compares Bybit’s model to the holder programs of BNB token (BNB) and Bitget token (BGB) to show how Bybit MNT provides a more flexible and cost-effective path for traders.
Key Takeaways:
The Bybit MNT Holder Program uses an asset multiplier to help users qualify with less capital for VIP tiers.
Bybit offers direct fee discounts of 25% on spot and 10% on derivatives for all users who pay fees with MNT.
Compared to the BNB holder program and BGB holder program, Bybit's model provides greater flexibility and broader fee discounts.