Fee rate of spot trading (OKX)

USDT Pairs

USDC Pairs & Crypto Pairs

30-day trading volume (USD)
Transactions are recorded in BTC equivalents according to price when trading. Every 24 hours, we convert your total trading volume to USD at 4 PM UTC according to the average price (= [closing price + opening price]/2). For example, you have traded OMG, XUC, BTC, LTC and BCH in the last 30 days. We recorded each transaction in BTC equivalents at the moment of each trade happens. At each 4 PM UTC, we calculate your total trading volume in the last 30 days and convert it to USD according to the daily average price.

Total asset balance
We take a snapshot of users’ all crypto assets at 4 PM UTC daily and convert the value to USDT, then to BTC based on the daily average price of BTC/USDT (BTC/USDT middle price = [opening price + closing price]/2).

Snapshot assets only include the OKX trading account total assets in Matrixport.

Makers and takers
Maker order is the limit order which enters into the order book before it can be traded in market. For example, if the current BTC lowest ask price is 1,000 USDT and you create a maker order with a bid price 999 USDT, this order cannot be filled immediately. Then it will enter into the order book until someone fills it. After filled, you’re required to pay the maker fee and taker will pay the taker fee (or vice versa). You need to pay the taker fee when your limit ask order is traded successfully.

Trading fee rules

Calculation formula of trading fee: Trading fee of Spot/Margin = Fee rate × Amount of bought or sold crypto when order filled.

Charge rule of crypto: Fee = Fee rate × Amount of bought crypto when order was filled;

Take Spot BTC/USDT as an example, assuming the current price of BTC is 20,000 USDT;

Trader A (Trading fee tier is Lvl 1) bought 1 BTC at market price, and became a taker of this trade, so the Trading fee = 0.1% × 1 = 0.001 BTC, and A will receive 0.999 BTC after fee deducted;

Trader A sold 1 BTC at limit price, and received 20,000 USDT. Trader A became a maker of this trade, so the Trading fee = 0.08% × 20,000 = 16 USDT, and A will receive 19,984 USDT after fee deducted.

Daily update time of trading fee
OKX updates the latest level of user’s trading fee at 9-11 PM UTC