How is the trading fee calculated on OKEx?
OKEx is one of the world's leading digital asset trading platforms, offering users a variety of trading pairs and tools. During the trading process, users need to pay a certain fee, so how is the trading fee on OKEx calculated?
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Fee Calculation Rules
The trading fee on OKEx varies depending on the trading pair. Generally, the fee is calculated based on the user's trading volume. The fee is divided into Maker and Taker rates, where Maker refers to users placing orders in the market, and Taker refers to users taking orders from the market.
Fee Rates
The fee rate on OKEx typically ranges from 0.1% to 0.2%, with the specific rate depending on the user's trading volume and account level. The larger the trading volume, the lower the fee rate. Additionally, users can enjoy lower fee rates by holding OKB.
Actual Trading Fees
During actual trading, users can see the specific fee amount when placing an order. The fee will be directly deducted from the user's account after the transaction is completed, and users can also check the detailed fee information in their account's transaction history.
Other Fees
In addition to trading fees, users should also be aware of other potential fees, such as deposit and withdrawal fees, and leverage interest. These fees should also be considered during trading.
Summary
The trading fee on OKEx is calculated based on trading volume and account level, with a typical fee rate ranging from 0.1% to 0.2%. Users should carefully understand the rules related to fees when trading to better execute their trading operations. How is the trading fee calculated on OKEx? What is the rate?
I hope the above content helps you better understand how the trading fee on OKEx is calculated.