Trading fees on a crypto exchange are not one-size-fits-all. They vary significantly based on a user's trading activity and account holdings. Higher-volume traders and those with larger asset balances can qualify for substantially reduced fees through a tiered VIP program. This article breaks down how these fee structures work, how to qualify for discounts, and what you need to know to optimize your trading costs.
How VIP Levels and Fee Discounts Work
Your VIP status is the primary determinant of your trading fees. This level is calculated daily based on one of two key metrics: your total asset balance on the platform or your trading volume over the previous 30 days. You only need to meet one of the two criteria to unlock the benefits of the corresponding VIP tier.
For instance, if a trader holds a $250,000 asset balance (which qualifies for VIP 1) but has also generated a $6 million spot trading volume in the last month (which qualifies for VIP 3), their account will be upgraded to VIP Level 3. This grants them the lower fee rates associated with that higher tier.
VIP levels are updated daily at 7:00 AM UTC. It is important to note that any subaccounts you own will automatically inherit the fee rate of the main account. The fee rate applied to an order is always the rate active on your account at the precise moment you place the trade.
Detailed Trading Fee Rates by Product and VIP Level
The following section provides the base trading fee rates. However, it is crucial to remember that the actual fees you pay can vary depending on your geographic region and other factors. For your personalized, precise fee schedule, always refer to your account's dedicated fee page after completing the necessary identity verification steps.
The standard VIP tiers range from VIP 0 (the default level) up to Supreme VIP. For institutional and ultra-high-volume traders, there are additional Pro levels (Pro 1 through Pro 6) that offer even more competitive rates, particularly for those utilizing API trading.
Spot Trading Fees (Crypto Pairs)
For standard cryptocurrency trading pairs (e.g., BTC/USDT), the fees are structured as follows. Maker orders (those that provide liquidity to the order book) typically enjoy a lower fee than taker orders (those that remove liquidity).
| VIP Level | Taker Fee Rate | Maker Fee Rate |
|---|---|---|
| VIP 0 | 0.1000% | 0.1000% |
| VIP 1 | 0.0800% | 0.0675% |
| VIP 2 | 0.0775% | 0.0650% |
| VIP 3 | 0.0750% | 0.0625% |
| VIP 4 | 0.0600% | 0.0500% |
| VIP 5 | 0.0500% | 0.0400% |
| Supreme VIP | 0.0450% | 0.0300% |
Derivatives Trading Fees
This category includes Perpetual and Futures contracts. The maker fees here can become exceptionally low, even reaching zero at the highest tiers.
| VIP Level | Taker Fee Rate | Maker Fee Rate |
|---|---|---|
| VIP 0 | 0.0550% | 0.0200% |
| VIP 1 | 0.0400% | 0.0180% |
| VIP 2 | 0.0375% | 0.0160% |
| VIP 3 | 0.0350% | 0.0140% |
| VIP 4 | 0.0320% | 0.0120% |
| VIP 5 | 0.0320% | 0.0100% |
| Supreme VIP | 0.0300% | 0.0000% |
Fiat-to-Crypto Trading Fees
For pairs trading fiat currency for crypto (e.g., USDT/EUR), a different fee schedule applies. Your rate is determined by whichever qualification is higher: your 30-day spot trading volume or your standard VIP level.
The fees for these pairs are generally higher than for crypto-to-crypto pairs. For example, a VIP 3 trader with a 30-day spot volume of $50,000 would pay the standard VIP 3 rates (0.0750% taker, 0.0625% maker) for crypto pairs, but would pay the higher fiat-pair rates for trades involving traditional currency.
Qualification Criteria for VIP Tiers
Achieving a higher VIP level requires meeting specific thresholds for either assets or trading volume. The tables below outline the requirements for each tier.
Key Definitions:
- Asset Balance: The total value of assets held across all accounts, excluding any funds locked in liquidity mining products.
- Trading Volume: The total notional value of your trades over a rolling 30-day period. Volume from both your main account and any subaccounts is combined for this calculation.
The Pro tiers are designed for traders whose volume is predominantly generated through API trading (typically over 20% of total volume).
Additional Programs and Important Notes
Beyond the standard VIP program, there are additional avenues to reduce costs. A Market Maker Incentive Program exists, which can provide rebates of up to 0.01% for providing liquidity. This program has its own set of requirements and requires a separate application.
It is also vital to understand that the exchange reserves the right to modify its fee structure at any time. Changes are communicated via the website or email and take effect immediately upon notice. Your continued use of the platform after such notification constitutes acceptance of the new terms.
For a precise breakdown of how fees are calculated for specific order types and products, it is always best to 👉 consult the latest fee schedule.
Frequently Asked Questions
How often is my VIP level updated?
Your VIP level is recalculated and updated every day at 7:00 AM UTC based on your asset balance and 30-day trading volume as of that time. The level assigned at the time you place an order determines the fee for that trade.
What's the difference between a maker and a taker fee?
A maker order adds liquidity to the order book by placing a limit order that isn't immediately matched with an existing order. These orders typically receive a lower fee or even a rebate. A taker order removes liquidity by immediately matching an existing order, such as with a market order, and incurs a higher fee.
Do fees vary by region?
Yes, the base fee rates can vary depending on your region due to local regulations and market conditions. The most accurate way to see your personalized fees is to check the fee rate page within your account after completing identity verification.
How can I qualify for the lowest possible fees?
To achieve the lowest fees, you need to reach the highest VIP or Pro tiers. This requires maintaining a very large asset balance on the exchange or generating an extremely high monthly trading volume. Utilizing API trading for a significant portion of your volume can help you qualify for the specialized Pro tiers.
Are funding fees considered part of the trading volume?
No, funding fees paid or received for perpetual swap contracts are not counted toward your 30-day trading volume calculation for VIP qualification. Only the notional value of executed trades is considered.