1. Spot Trading Fee Standards:
- Maker Fee: 0.1%
- Taker Fee: 0.1%
Explanation of Spot Trading Fees:
- Buy Fee = Buy Volume × Fee Rate
- Sell Fee = Sell Price × Sell Volume × Fee Rate
Example with BTC/USDT Trading Pair:
- BTC/USDT Buy Direction (i.e., buying BTC, selling USDT): Fees are charged in BTC
- BTC/USDT Sell Direction (i.e., selling BTC, buying USDT): Fees are charged in USDT
Note: Fees are charged on the cryptocurrency held after the transaction; no fees are charged for unexecuted orders.
[Example of Buy Direction]
Buying XRP/USDT (i.e., buying XRP) with Maker type and a volume of 200 XRP, the fee would be:
- Buy Fee = Buy Volume × Fee Rate
- Fee to be Paid = 200 × 0.1% = 0.2 (XRP)
[Example of Sell Direction]
Selling ETH/USDT (i.e., selling ETH) with Taker type, at a price of 4000 USDT and a volume of 1 ETH, the fee would be:
- Sell Fee = Sell Price × Sell Volume × Fee Rate
- Fee to be Paid = 4000 × 1 × 0.1% = 4 (USDT)
2. What is the minimum order quantity for each cryptocurrency?
Based on the current cryptocurrency price, the minimum order amount is 20 USDT (Minimum Order Quantity = 20 USDT / Current Cryptocurrency Price)
Note: Please refer to the page display for the exact amount.