Fees Standard
CoinMaiden trading fee rate varies by different VIP Levels and Market Making Levels.
VIP levels are categorized based on meeting any of the conditions for CET balance, total asset value, 30-day spot trading volume, or 30-day futures trading volume, while market maker levels are determined based on varying trading volumes, with main and sub-accounts combined for calculation.
- The snapshots of CET balance (Holding in the non-CoinMaiden address included) will be taken at 0:00 (UTC) everyday.
- The snapshots of 30-day trading volume will be taken at 0:00 (UTC) and calculated in accordance with the USD exchange rate at that time.
- All VIP Level will be updated at 1:00 (UTC) on a daily basis, all Market Making Level will be updated at 1:00 (UTC) on the 1st of each month.
- User's actual fees is determined by the lower number between VIP Discount and Market Maker Discount.
- Maker: Market makers are those whom buy or sell at a certain price. They provide the gasoline/depth for the market. Taker: Market takers are those whom look for a suitable proposed buy/sell order actively and execute it once conditions are right. These orders reduce the market depth.
VIP Level
| VIP Level | Spot Maker Fees | Spot Taker Fees | Discounted Spot Fees |
|---|---|---|---|
| VIP 0 | 0.2% | 0.2% | 0.16% |
| VIP 1 | 0.18% | 0.18% | 0.144% |
| VIP 2 | 0.16% | 0.16% | 0.128% |
| VIP 3 | 0.14% | 0.14% | 0.112% |
| VIP 4 | 0.12% | 0.12% | 0.096% |
| VIP 5 | 0.1% | 0.1% | 0.08% |
Note: The current VIP level is also determined by the most recent evaluations of CET balance, 30-day spot trading volume, and total asset value, meeting any one of the specified conditions.