How to reduce the handling fee on Dubai OKX

To minimize handling fees on OKX, opt for a lower trading volume, limit trades, utilize maker orders, access the mobile app, and take advantage of referral codes.

Nov 02, 2024 at 01:53 pm

How to Reduce Handling Fees on Dubai OKX

OKX is a leading cryptocurrency exchange that offers a variety of trading options, including spot, futures, and options trading. While OKX's fees are generally competitive, there are a few steps you can take to reduce your handling fees:

1. Use a lower trading volume. The lower your trading volume, the lower your handling fees will be. This is because OKX charges a handling fee based on a percentage of your trade value.
2. Limit your number of trades. The more trades you make, the higher your handling fees will be. This is because OKX charges a handling fee for each trade you make.
3. Use a maker order. Maker orders are orders that are placed on the order book and are not immediately executed. When you place a maker order, you are charged a lower handling fee than you would be for a taker order.
4. Use the OKX mobile app. The OKX mobile app offers a lower handling fee than the OKX website. This is because the mobile app is more efficient and requires less resources to operate.
5. Use a referral code. When you use a referral code to sign up for OKX, you will receive a discount on your handling fees.