What are the fees associated with trading on OKEx?
Binderup HamannJan 14, 2022 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with trading on OKEx? I would like to understand the different types of fees, how they are calculated, and if there are any discounts or promotions available.
1 answers
- Jan 14, 2022 · 3 years agoAs an expert in the field, I can tell you that trading on OKEx comes with certain fees. These fees are necessary for the platform to function smoothly and to incentivize market makers. When you place a limit order that adds liquidity to the order book, you will be charged a maker fee. On the other hand, if you place a market order that removes liquidity, you will be charged a taker fee. The fees are calculated based on your trading volume over the past 30 days. OKEx has a tiered fee structure, which means that the more you trade, the lower your fees will be. Additionally, OKEx occasionally offers discounts and promotions, so it's worth keeping an eye out for any special offers.
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