Hoo VIP is a core part of Hoo ecology. Hoo VIP members can enjoy plenty of services with more products released in the future.
VIP Levels
There are 7 levels from VIP0 to VIP6. VIP can enjoy lower TAKER and MAKER fee. The reward rate is higher. More rights will come out in the future. VIP levels are determined by the points user has. The effective period of points for different VIP levels are different.
If A invites B to register Hoo account, B is the 1st level invitee(1LI) of A. B's 1st level invitee is the 2nd level invitee(2LI) of A. When the invitee trades, A and B will receive rewards at a ratio from the trading fee the invitee made. The rewards include a trading fee and some VIP points. VIP6 can receive 20% fee from his 1LI and 10% fee from his 2LI. High levels can have more users being his 1LI.
The table of VIP rights is as below.
Level |
Points |
period |
TAKER |
MAKER |
1LI |
2LI |
Max 1LI |
VIP0 |
0-10 |
30day |
0.20% |
0.20% |
3% |
2% |
2 |
VIP1 |
10-100 |
30day |
0.16% |
0.16% |
10% |
5% |
10 |
VIP2 |
100-1k |
60day |
0.14% |
0.14% |
12% |
6% |
30 |
VIP3 |
1k-10k |
90day |
0.12% |
0.10% |
14% |
7% |
80 |
VIP4 |
10k-100k |
120day |
0.10% |
0.05% |
16% |
8% |
150 |
VIP5 |
100k-2M |
150day |
0.05% |
0.00% |
18% |
9% |
NA |
VIP6 |
2M+ |
180day |
0.02% |
0.00% |
20% |
10% |
NA |
When the VIP levels upgrade, all the current points will add the corresponding days regarding the new Level. When VIP4 become VIP5, all current points get 30days more effective period.
How to get VIP Points
Method 1:trading
1 BTC equivalent trading volume will get 100 points.
Method 2:Invite new users
After A invite B, both A and B can get 50 points.
When 1LI and 2LI buy points or trade, extra points will reward A. The ratio is as below.
Ratio |
1LI |
2LI |
Trading volume points |
10% |
5% |
Buy points |
10% |
5% |
Method 3: Buy Points
Click the button to upgrade to the next level, payment will be calculated at 100Points=5USDT
Method 4: Holding asset
Snapshots will be taken for user accounts' BTC、ETH、EOS、USDT. After taking an average of 7 days, points will reward to user weekly.
VIP activity
At the beginning of Hoo exchange online, 1000 Points will reward all previous users. More activities will also come out.
Hoo reserve the rights of final explanation.
June 2019