New York licensed bitcoin exchange itBit has announced that starting on Thursday, March 14, itBit users will start receiving maker rebates of 3 bps on all bitcoin trades. This means that traders can earn incentives when orders they have added to the order book are successfully executed. The exchange started offering rebates for ETH orders in January and the response has been overwhelmingly positive. All taker fees are structured in tiers based on 30-day rolling volumes. Trading volume is aggregated by fiat base currency, e.g., XBT/USD and ETH/USD trades count towards the aggregated USD tier. To implement these and ... (full story)