OKEx offers a volume-based maker-taker fee schedule. We calculate your trading volume every day and adjust your fees according to the chart below:
To be eligible for a tier, you are only required to meet the minimum trading volume requirements of either Futures or Spot. Example: Your Spot Trading volume in the last 30 days is (0) BTC (VIP3) and Futures trading volume is 60000 BTC (VIP4), you are then eligible as a VIP4 user and can enjoy the discounted fees of the tier for both Futures and Spot Trading.
The Total OKB holding is the total amount of OKB held in your main and sub-accounts, spot account, and C2C account.
30-day Spot Trading volume: Our system will record the transactions according to the prices (in quote currencies) at that time. Then every 24 hours at 00:00 UTC+8, it will calculate the total trading volume in BTC equivalent.
Example: If you have traded OMG/BTC, XUC/BTC, BTC/USDT, LTC/ETH and BCH/USDT, our system will record the transactions in BTC, ETH, USDT according to the prices at that time. Then at 0:00 UTC+8, it will calculate the total trading volume of BTC, ETH and USDT in BTC equivalent.
Transaction fee charges: For spot market trading pairs, we will charge the transaction fee from the asset you buy. For example, when a user trades a BTC/USDT pairs, the transaction fee will be charged in BTC when buying BTC, USDT will be charged when buying USDT.
Rebate Rules of Negative Trading Fees For a spot market order, a trading fee rebate is settled in the digital asset the taker pays for the transaction fee. For example, in the BTC/USDT spot market, if a user places a BTC sell order, the buy taker will pay the transaction fee in BTC, and the sell maker will receive a fee rebate in BTC. If a user places a BTC buy order, the sell taker will pay the transaction fee in USDT, and the buy maker will receive a fee rebate in USDT.
30-day Futures Trading volume: Similarly, our system will record all positions opened or closed in USD equivalent, according to the prices at that time (contract face value). Then every 24 hours at 00:00 UTC+8, it will calculate the total trading volume in BTC equivalent, according to the avg. exchange rate of USD to BTC of the last 30 days.
Example: Let’s say you traded BTC, ETH and EOS futures yesterday. Our system will record all the contracts in USD equivalent (contract face value). Then today at 00:00 UTC+8, it will calculate your total trading volume in BTC equivalent, according to the avg. exchange rate of USD to BTC of the last 30 days.
Maker orders are "passive" limit orders posted on the order book prior to the trade.
Example: If the current market price is 1000USD and you created a 999USD maker order, the order will not be filled. Instead it will be posted on the order book, allowing others to take the order. Once the order is filled, maker will pay the maker fee and taker will pay the taker fee.
Futures settlement fee is not affected by the user''s tier (0.015% for BTC, 0.05% for other tokens); Forced-liquidation fee rate is the taker fee rate of the user’s current tier.
24h Withdrawal Limit
24hr withdrawal limit: The limit of withdrawing all your digital assets in the account for the day in BTC equivalent. You may contact our customer service manager if you wish to increase the limit.
Example: A tier 1 user has a withdrawal limit of 300 BTC equivalent, after withdrawing 250 BTC, 25 BTC worth of OMG and 15 BTC worth of XUC, the user will have a withdrawal limit balance of 10 BTC. Thus, withdrawing 20 BTC worth of XRP must wait until the next day, or he will have to contact customer service to request for increasing the limit.
The 24hr withdrawal limit differs based on the user''s KYC (KYC 1 ≤0.5BTC, KYC 2 ≤300BTC).
A guide to market making with master and sub accounts
The master account’s tier is determined according to the total 30day trading volume of all master and sub accounts. Fee rates of your master account will be applied to your sub-account at 18:00 (CEST, UTC+2) on the same day after creation.