VirgoCX Tiered Rewards Program Considerations:

1. The term "Spread" represents the difference in pricing between VirgoCX and our liquidity providers. Since VirgoCX is a principal trading desk and undertakes principal risks, the spread does not represent an exact figure of revenue generated from your trading activity. However, it does provide a general estimate of what VirgoCX is making from your trades.
2. You will be placed into a "Reward Tier" based on your trading volume in the last 30 calendar days.
3. Users will receive a discount on the Spread based on their Reward Tier.
4. Discounts on the spread applied for each Reward Tier is displayed at
   https://virgocx.ca/en-tiered-rewards-program/
5. You may check your current Reward Tier by visiting
   https://virgocx.ca/
   and logging in to the VirgoCX account.
6. Reward Tier is refreshed up to every 2 minutes.
7. If you plan to conduct larger trades and want to enjoy the spread discount immediately, then please fill out the
   Reward Tier Application Form
   and apply for the Tier Lifting.