Trading fees will be based on your VIP level - which overall depends on your 30 day spot trading volume. Maker fees are applied to orders that provide liquidity on the order book while taker fees are applied to orders that take away liquidity.
For our opening promo, fees are currently discounted! Please refer to the VIP tier eligibility for Spot Trading below:
For example, if your trading volume reaches USD 74,000.00 (less than USD 100,000 your trades will be charged a 0.10% maker fee or 0.15% taker fee.
Rebates
For VIP 7 and 8 tiers, all Maker rebates will be distributed within 7 working days after the end of each month. If any self trading, malicious arbitrage or other behavior is found, all rebates will be cancelled and Coins.xyz reserves all the right for the final explanation
To provide a general scenario, let’s suppose that the current ask price of BTC is USD 2,000,000 and your 30 day spot trading volume is USD 74,000.
If you create a Limit Order to buy 1 BTC at USD 1,950,000, it will not be executed immediately and your Limit order stays on the order book. Once the ask price reaches USD 1,950,000, your order is executed and you are charged with a maker fee of 0.001 BTC (0.10% of the 1 BTC you were able to buy).
Alternatively, if you initiate a market buy order of 1 BTC, your order will be executed immediately. You will be charged with a taker fee of 0.0015 BTC (0.15% of the 1 BTC you were able to buy).
Contact us through our Chatbot widget, Coins Support Form, or email us at [email protected] should you need further assistance.