What are the fees on CEX?

Trading fees on cryptocurrency exchanges vary greatly depending on various factors, including the platform and the user's trading activity. One such exchange, CEX.IO, adopts a tiered pricing structure for its taker fees.

For those unfamiliar, a taker is an individual who places an order that is immediately matched and executed by an order already on the exchange's order book. This contrasts with a maker, who places an order that adds liquidity to the market by creating a new price level.

On CEX.IO, the taker fee starts at 0.25% for users with low monthly trading volumes. This percentage decreases as the user's trading activity increases, providing an incentive for higher volume traders to utilize the platform.

For instance, as a user's monthly trading volume increases, they may qualify for a lower taker fee tier. Eventually, the taker fee can drop to as low as 0.1% for the most active traders.

It's important to note that the specific fees and thresholds for each tier can vary and are subject to change. Therefore, it's essential for traders to stay informed and regularly check CEX.IO's fee schedule to ensure they are aware of the current rates.