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How does Dubai OKX charge for transactions
OKX offers competitive trading fees with 0% maker fees and low taker fees across spot, margin, futures, and perpetual markets.
Oct 29, 2024 at 02:47 am

How does Dubai OKX charge for transactions
OKX does not charge any transaction fees for trading on the spot, margin, futures, or perpetual markets. This makes it one of the most cost-effective exchanges to trade on, especially for high-volume traders.
Here is a breakdown of the fees charged by OKX:
- Spot trading: 0% maker fee and 0.05% taker fee
- Margin trading: 0.03% maker fee and 0.05% taker fee
- Futures trading: 0% maker fee and 0.03% taker fee
- Perpetual trading: 0% maker fee and 0.05% taker fee
OKX also offers a VIP program that provides discounts on trading fees. The VIP tiers are based on the amount of OKB (OKX's native token) that you hold. The higher your VIP tier, the lower your trading fees will be.
Here is a table summarizing the VIP tiers and the corresponding trading fee discounts:
VIP Tier | OKB Holding Requirement | Spot Trading Fee Discount | Margin Trading Fee Discount | Futures Trading Fee Discount | Perpetual Trading Fee Discount |
---|---|---|---|---|---|
VIP 0 | 0 OKB | 0% | 0% | 0% | 0% |
VIP 1 | 50,000 OKB | 5% | 5% | 5% | 5% |
VIP 2 | 300,000 OKB | 10% | 10% | 10% | 10% |
VIP 3 | 1,000,000 OKB | 15% | 15% | 15% | 15% |
VIP 4 | 3,000,000 OKB | 20% | 20% | 20% | 20% |
VIP 5 | 10,000,000 OKB | 25% | 25% | 25% | 25% |
In addition to trading fees, OKX also charges a withdrawal fee for each cryptocurrency that you withdraw from the exchange. The withdrawal fee varies depending on the cryptocurrency that you are withdrawing. You can find a list of the withdrawal fees for each cryptocurrency on the OKX website.
Overall, OKX is a very cost-effective exchange to trade on. The trading fees are low, and there are no fees for deposits or withdrawals. The VIP program also provides discounts on trading fees for high-volume traders.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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