Dear all,

Locked Catex tokens are now eligible to pay for transactions fees. This is a new feature that will go live next week. 

If you have locked CATT tokens, and you execute a trade, then you will get 30% reduced fee. 

See the following example: 

You sell ETH on ETH/BTC and receive 1 BTC. Fees are calculated from the currency you’re receiving at a rate of 0.1%, so you owe Cat.Ex 0.001 BTC. From there, if you are opted in to paying fees with CATT, the 30% discount is applied (0.001 BTC -> 0.0007 BTC) and then the exchange rate applied. If the exchange rate is roughly 25,000,000 CATT = 1 BTC, the fee would then be 17,500 CATT. If you have 17,500 or more CATT in your account, that’s the fee you pay. Otherwise you pay 0.001 BTC. 

By default everyone who locked their Catex tokens are opted in to paying fees with CATT. 

If you dont want to pay with CATT, you can disable this features after you login

Thank you