Alpha Terms and Conditions

Created by Pratibha Shetty, Modified on Fri, 6 Jun at 12:09 PM by Pratibha Shetty

  1. Eligibility: All users who trade on Mudrex are automatically enrolled in the Alpha program.

  2. Volume Calculation: Only executed trades on Coins and Futures are considered. Cancelled or open orders are excluded.

  3. Fee Schedule: Discounts are applied automatically based on your current Alpha tier at the time of trade execution.

  4. Volume Timeline: Tier volume is calculated on a rolling 30-day basis.

  5. Tier Refresh: Tier status is evaluated and updated at 1 AM IST daily.

  6. Cross-Product Applicability: A user’s Alpha tier applies across both Coins and Futures. The applicable discount rates for each product vary by tier.

  7. Tier Downgrade: If a user’s 30-day volume falls below a tier’s threshold, they will be moved to the appropriate lower tier.

  8. No Manual Adjustments: Users cannot manually change tiers or request special upgrades. Tiers update automatically.

  9. Abuse & Fraud: Any attempt to manipulate trading volume or misuse fee discounts may result in disqualification or account suspension.

  10. Program Changes: Mudrex reserves the right to modify, pause, or discontinue the Alpha program or its tiers at any time.

  11. Final Authority: Mudrex holds final decision-making authority on all matters related to the Alpha program.

 

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