How to view contract fees on Dubai OKX

To view contract fees on Dubai OKX, log in to your account, navigate to the Trade tab, select a contract, and access the Fees section in the contract details page.

Oct 23, 2024 at 09:24 pm

How to View Contract Fees on Dubai OKX

Step 1: Log in to Your OKX Account

• Visit the Dubai OKX website (https://www.okx.com/en/trade/spot/okb-usdt) and log in to your account.

Step 2: Click on the "Trade" Tab

• In the main menu bar, select the "Trade" tab.

Step 3: Choose a Contract

• In the "Contracts" section, choose the desired contract you want to view fees for. Click on the contract name.

Step 4: Access Contract Details

• On the contract details page, scroll down to the "Fees" section.

Step 5: View Fee Information

• The "Fees" section will display the following information:

  • Maker Fee: The fee charged to users who place an order that creates liquidity in the market.
  • Taker Fee: The fee charged to users who place an order that takes liquidity from the market.
  • Funding Rate: The rate charged (paid) to traders who hold long (short) positions at specific intervals.
  • Estimated Settlement Fee: The approximate fee charged for closing a position.

Step 6: Additional Fees

• Keep in mind that there may also be additional fees associated with contract trading, such as:

  • Transaction Fees: Fees charged by the blockchain network for processing transactions.
  • Withdrawal Fees: Fees charged by OKX for withdrawing funds from the platform.

Note:

• Fee rates are dynamic and subject to change based on market conditions and policy adjustments.
• Always check the latest fee information on the OKX website before executing any contract trades.