How does Dubai OKX charge fees

OKX Trading Fees in Dubai

OKX is a leading cryptocurrency exchange that offers a range of trading products and services to users in Dubai and around the world. It is known for its low trading fees and user-friendly platform. Here's a guide to OKX's trading fees in Dubai:

1. Spot Trading Fees:

OKX charges different spot trading fees based on the trading volume in the past 30 days. The fee schedule is as follows:

• Tier 1: 0.02% maker fee, 0.05% taker fee
• Tier 2: 0.015% maker fee, 0.04% taker fee
• Tier 3: 0.01% maker fee, 0.03% taker fee
• Tier 4: 0.009% maker fee, 0.02% taker fee
• Tier 5: 0.008% maker fee, 0.01% taker fee

2. Perpetual Swap Trading Fees:

OKX's perpetual swap trading fees are also based on trading volume. The fee schedule is as follows:

• Tier 1: 0.03% maker fee, 0.06% taker fee
• Tier 2: 0.025% maker fee, 0.05% taker fee
• Tier 3: 0.02% maker fee, 0.04% taker fee
• Tier 4: 0.015% maker fee, 0.03% taker fee
• Tier 5: 0.01% maker fee, 0.02% taker fee

3. Options Trading Fees:

OKX also offers options trading, with fees varying based on the type of option and trading volume. The fee schedule is as follows:

• Call Option: 0.05% maker fee, 0.1% taker fee
• Put Option: 0.05% maker fee, 0.1% taker fee
• European Call Option: 0.05% maker fee, 0.1% taker fee
• European Put Option: 0.05% maker fee, 0.1% taker fee

4. Additional Considerations:

• The trading fees mentioned above do not include any transaction fees. OKX charges a blockchain network fee for each trade, which varies based on the congestion of the network.
• Users can reduce their trading fees by holding OKB, OKX's native token. Holding OKB unlocks a fee discount of up to 50%.
• OKX also offers a VIP membership program that provides further fee discounts to high-volume traders.