Dear WEEXer,
The WEEX spot trading fees can be found here: https://support.weex.com/en/rate
WEEX futures trading fees: the futures trading fees are only incurred when opening, closing, or reducing positions. Fees are not incurred for unfilled or canceled orders.
The deduction of fees is settled in the position margin. Fees are calculated based on the position value and are not related to leverage.
WEEX futures trading fees are different for makers and takers:
- Maker: 0.02% fee rate. Orders placed by maker users that are not immediately filled will be displayed in the market depth.
- Taker order: 0.08% fee rate. Orders placed by taker users are filled, and that reduces the existing orders in the market as well as lowers market depth.
- Futures transaction fee calculation formula: Transaction fee = (entry price × futures nominal value × quantity × maker or taker rate)
| Futures trading pairs | |
| Maker | 0.02% |
| Taker | 0.08% |
https://www.weex.com/support/rate
More details:
Maker orders:
When you place an order (such as a limit order) that enters all or part of the order book (market), any subsequent trades from that order will be considered maker trades.
These orders increase the number of orders in the order book (market), helping with market-making. They are referred to as the maker for any subsequent trades.
Note:
1. GTC (Good-Till-Canceled) orders can be traded as both taker and maker orders.
2. Placing a limit order does not guarantee that your order will be a maker order.
3. If you want to ensure that your order enters the order book (market) before being executed, select "Maker Only" when placing the order.
Taker:
If the order you place is immediately executed before entering the order book, you are classified as a taker. This is the case regardless of whether all or part of the order is executed.
Trades from market orders are always classified as taker trades because market orders never appear in the order book. These trades "take away" trading volume from the order book (market), which is why they are referred to as taker trades.
Note:
1. IOC (Immediate or Cancel) and FOK (Fill or Kill) orders are also taker orders.
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Thank you for supporting WEEX!
The WEEX Team
WEEX website: https://www.weex.com/
WEEX Help Center: https://weexsupport.zendesk.com/hc/en-us
Official WEEX Telegram group in English: https://t.me/WeexGlobal_Group