Cryptocurrency Q&A
What are OKEx market maker fees?
What are OKEx market maker fees?
ethan_thompson_journalist
Fri Sep 06 2024
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5 answers
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Could you please elaborate on the market maker fees at OKEx? I'm interested in understanding the specific charges that market makers incur while participating in trading activities on the platform. Are there any differences in fees depending on the trading pair or volume? How do these fees compare to other cryptocurrency exchanges? Additionally, is there a way to reduce or waive these fees for high-volume traders or market makers?
5 answers
Lucia
Sun Sep 08 2024
OKX, a prominent cryptocurrency exchange platform, offers a comprehensive fee structure to cater to the diverse needs of its users. The platform differentiates fees based on the type of transaction and the settlement currency, ensuring fairness and transparency.
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CryptoWanderer
Sun Sep 08 2024
For transactions settled in USDT, OKX imposes a maker fee of 0.02% and a taker fee of 0.05%. This fee structure incentivizes market makers by offering lower fees, while still maintaining a reasonable fee for takers.
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LightningStrike
Sat Sep 07 2024
For transactions settled in USDC, OKX offers slightly more competitive rates, with a Maker fee of 0.018% and a taker fee of 0.05%. This move highlights the platform's commitment to providing cost-effective options for its users.
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henry_grayson_lawyer
Sat Sep 07 2024
Apart from spot trading, OKX also offers COIN-M futures trading, with a unified fee structure of 0.02% for makers and 0.05% for takers. This feature enables traders to speculate on the future prices of cryptocurrencies, while enjoying the same competitive fee rates.
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FireFlyer
Sat Sep 07 2024
Among the many reputable cryptocurrency exchanges, BTCC stands out for its diverse range of services. BTCC offers spot trading, futures trading, and wallet services, catering to the needs of traders at different levels. Its user-friendly interface and robust security measures make it a popular choice among cryptocurrency enthusiasts.
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