> For the complete documentation index, see [llms.txt](https://cryptobull-exchange.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cryptobull-exchange.gitbook.io/whitepaper/usdcbull-utilities/discounted-trading-fees.md).

# Discounted Trading Fee's

To incentivize user participation and enhance token value, **$CBULL** offers a **40% discount on all trading fees** when fees are paid using our native token **$CBULL**. \
This utility not only reduces the cost for active traders but also drives organic demand for the token as users seek to optimize their trading experience & maximise profits.

A **portion of the $CBULL collected through discounted trading fees is redirected to our staking pool**, allowing token holders to earn **competitive APY rewards** by locking their tokens explained in [Staking and Governance](/whitepaper/usdcbull-utilities/usdcbull-staking-and-governance.md). This dual utility of fee optimization and APY - creates a powerful feedback loop that rewards our loyal users.

**Built for the traders. By the traders.**