okex margin trading fees
Users‘ transaction fee on next day is determined by their tiers. OKEx has over 170 tokens listed so far, with more than 550 available crypto trading pairs. The platform is designed to be a cryptocurrency-only exchange, and also offers support for futures trading. OKEX is a digital asset trading platform launched by OKCoin.com. It currently has a 24-hour trading volume of $4,357,504,294 from 171 coins and 459 trading pairs. Trading fees are as follows: If you trade less than 100 BTC in 30 days, then the maker fee is 0.1%, and the taker fee is 0.15%. 2 : Trading Wallet: This wallet is for different trades. Features 452 crypto-asset markets, margin trading with up to 5x on selected assets, and 20x leverage on Bitcoin futures contracts. This exchange’s withdrawal … Regularly achieving more than $1 billion in daily trading volume, OKEx is a large and popular cryptocurrency exchange offering several coins, margin trading, fiat trading pairs, and even futures. Yes. Fees on non-spot trading are much cheaper; 0.02% for makers and 0.05% for takers. Trading fees for clients with VIP status Now, let’s take a look at how OKEx trading fees alter with changes in your status. What is OKEX? Normal users are divided into different tiers by their OKB holdings while VIP users by trading volume. To minimize your risk, we also consider other factors when calculating your maximum loan amount. OKEx is a centralized cryptocurrency exchange located in Belize. But, as always, don't forget to check the crypto search engine to ensure you are choosing the cheapest exchange. You can borrow tokens from OKEx, executing positions with 10 times of your capital. OKEx trading fees. All crypto-margined perpetual swap and USDT-margined perpetual swap with this type of currency as underlying currency will follow its corresponding currency fee schedules. Another way to reduce fees is to hold OKB, OKEx’s proprietary exchange token. OKEx Exchange Review, Trading Fees, Deposit and Markets. #OKExMargin Trading - Borrowing limits INCREASED ! Trading Fees. 106,791.793 BTC. For a new user, there is a 0.1% maker fee and a 0.15% taker fee. Margin borrowing Position Tiers. #OKExMargin Trading - Borrowing limits INCREASED ! Those fees, together with the large number of markets available in the exchange (currently about 200 cryptocurrencies) make this exchange very interesting for altcoin traders and investors. OKEx will offer a mix of compensation and rewards to users who’ve suffered because of a five-weeks-long suspension in services. This means that as you trade more within a 30-day period, your level rises, and you get discounted fees. That being the case, only three coins are available for trading. Read the review of OKEx exchange, find out the information about OKEx fees, trading bots and more. www.okex.com Support for margin trading OKEx Total Trading Pairs. Margin interest rate OKEx distinguishes normal and VIP users according to trading volume. Further information for margin ratio position and the borrowing amount： OKEx is a Malta-based world-leading cryptocurrency exchange that allows users to trade on hundreds of tokens and futures trading pairs.. OKEx was founded in 2017 with headquarters in Malta and the Republic of Seychelles. Even if you have borrowed 2000000 USDT in the BTC/USDT trading pair, you can still borrow another 500000 USDT in the XRP/USDT trading pair. Users who … OKEx's trading fees are 0.1% for Market Makers and 0.15% for Market Takers, which places the exchange among the most competitive exchanges. Crypto to Crypto Only. 《OKEx Margin Trading Rules》 Token trading is the purchase or sale of tokens for immediate delivery. Deposit and Withdrawal Fees. OKEx is established in year 2013. Read about CryptoTab Browser here. All crypto-margined futures and USDT-margined futures with this type of currency as underlying currency would follow its corresponding currency fee schedules. Its BTC futures trade also has nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry. Funding Fees LEO; Charge on fees collected by Margin Funding Providers (i.e., lender)* 15.0% (of the fees generated by active margin funding contracts) up to -5%: Charge on fees collected by Margin Funding Providers (i.e., lender)*, when opened by a hidden offer* 18.0% (of the fees generated by active margin funding contracts) up to -5% With the Lv1 verification, the Maker’s fee is 0.1%, and the Taker’s fee is 0.15%. You will find: How To Use, Withdrawal & Trading Fees, Deposit Methods, API, Margin & DEX trading, OKB Utility Token, Security, OKExChain, and Other Services. The addition of futures contracts may be nice for miners willing to hedge their “crops”, although we would not recommend trading in them unless you are very experienced. There are available coins to borrow at OKEX margin trading wallet. Regarding OKEx's withdrawal fees, they are among the cheapest exchanges as well. Perpetual swap trading taker fee = 0.05% You have USDT in your OKEX wallet. Rules for Margin Interest Rate Discounts and Margin Asset Borrowing Amount: The available borrowing amount is determined by the minimum value of the borrowing amount calculated by the Margin Account's balance, the borrowing amount of the Main Account, and the borrowing amount of the margin ratio position. The Complete OKEx Exchange Review - is a world’s largest cryptocurrency exchange by features and trading volume. OKEx Native Token. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees … The maker and taker fees start from 0.10% and 0.15% respectively. OKEx Fees Review OKEx's trading fees are 0.1% for Market Makers and 0.15% for Market Takers, which places the exchange among the most competitive exchanges. Normal users are divided into different tiers by their OKB holdings while VIP users by trading volume. Accepted Payment Methods. Here is a summary of OKEX. Margin fees. Therefore, the maximum loan amount is 2000000 USDT. Their volume over the last 24 hours is $14.55B. Yes. Which is the better ?1, margin trading (fees: daily interest)2, perpatual swap (fees: funding rate) I tried to open both, but not sure which is better on the long run (half a year or more) What i dont understand on oxex (example: 1, I deposit 1 BTC 2, Transfer margin account (btc/usdt) 3 , … The final amount should be the value stated in the margin trading page. Rules for Margin Interest Rate Discounts and Margin Asset Borrowing Amount: Tier 1 trading fees are: Market Trading: 0.15% maker fee and 0.2% take fee. 1.User A has 600000 USDT in his BTC/USDT account. Just like how Coinbase Pro represents a buttoned-up, advanced version of Coinbase, OKEx is higher on the learning curve than its more basic sister exchange OKCoin—and is aimed at … Fees start at 0.10% for Maker … No. #4. This flexibility is aided by the fact that their trading fees are extremely low, which provides traders with more room for profitability. Founded in 2014 in China, OKEx is also one of the top digital asset exchanges in the world by trading volume, serving over 20 million customers in over 100 countries. More information about OKEX exchange can be found at okex.com. However, OKex does try to ensure that only experienced traders take part in leveraged trading by requesting that traders take and pass a quiz before they can access margin trading. Hedge or profit from long or short positions, Easy to trade all instruments in just one account. A full list of trading fees is available on the platform’s dedicated section, but it’s safe to say that OKEx’s fee system is designed to encourage even day-to-day traders to use the service. Now, let’s take a closer look at the derivative instruments that they have on offer at OKEX. Therefore, the maximum loan amount is 800000 USDT. OKEx Daily Performance. The most active trading pair on OKEx exchange is BTC/USDT. This is substantially below the industry average, as the industry average is 0.000812 BTC per BTC-withdrawal. For example, ETH/USDT, ETH/BTC pairs will have fees as specified in the Type I spot fee schedule. While leverage uses debt to maximize the potential return in spot trading. So, for example, if you have a trade that has leverage of 50X it means that for a $1 move in the price of the underlying asset, your position will move by $50. Leveraged margin trading is also available for futures contracts. The trading pairs with this type of currency as “trading currency” will follow the corresponding spot fee schedules. Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKEx offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. OKEx Fiat Deposit. 4X of his balance is 2400000 USDT. At OKEX, this can be up to 100x depending on the instrument that you are trading. OKEx is a Malta-based cryptocurrency exchange founded in 2017. 24h Trading Volume. The trade order form lets you set your preference for the currency in which your trading fees are determined if … For those who don’t trade more than 100 Bitcoin worth of volume in a months time, the marker fee is 0.10%, and the taker is of 0.15% respectively. OKEx employs a multi-tiered trading fee system where discounts can be rewarded based on different factors, including the number of OKB (OKEx’s exchange token) held and/or a trader’s 30-day trading volume. Bitcoin trading fees only 0.10%. Free. OKEX is established in year 2014. For example, at the time of performing this analysis, BTC's withdrawal fees in OKEx are 0.0005, which is almost the cheapest withdrawal fee you will find for Bitcoin. OKEx uses a volume-based maker/taker fee structure. Accordingly, the maker fee is lower than the taker fee. These trading wallets include: 1 : Funding Wallet: Funding wallet allows you to transfer, deposit, and withdraw your funds. For Fee Details check here. OKEx distinguishes normal and VIP users according to trading volume. The exchange is a branch of OKCoin, which ceased futures trading operations on May 30, 2017. Those fees, together with the large number of markets available in the exchange (currently about 200 cryptocurrencies) make this exchange very interesting for altcoin traders and investors. If you are trading using leverage (an optional, advanced feature), the following additional fees will be applied: Margin opening fee; Margin rollover fee; Fee currency selection. With the Lv2 verification, the Maker’s fee is 0.09%, and the Taker’s fee is 0.135%. The exchange is rated “C” which means “Fair.” They allow trading with the following fiat currencies: KRW and USD. CEO of OKEx, JayHao, had a background in game development and the semiconductor industry before joining the cryptocurrency space. Trade in Real Market. OKEx is part of OkCoin, one of the most popular Chinese digital asset exchanges. OKEX offers extremely low trading fees when compared to the competition. Further information for margin ratio position and the borrowing amount：. In summary, OKEx has quite competitive fees, and thus is worth to be considered, specially when looking to invest in low market cap altcoins. Holding more OKB can also result in a reduction in trading fees. OKEx volume in the last 24 hours is reported to be at ₿93,338.50. For example, BTCUSD futures and BTCUSDT futures will follow the Type I futures fee schedule. OKEx Margin Trading Rules, The available borrowing amount is determined by the minimum value of the borrowing amount calculated by the Margin Account's balance, the borrowing amount of the Main Account, and the borrowing amount of the margin ratio position. 2.User B has 200000 USDT in their BTC/USDT account. How to earn Bitcoin? And it involves accounts of C2C, spot and margin trades. Here’s our OKEX review. OKEx Trading Fees. OKEx Withdrawal fees This trading platform charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. Buy/Sell; Market; Trade Finally, regarding deposit fees, OKEx is a no-fiat exchange and does not charge anything for funding the account with cryptos as well. You can earn the differences by exchanging between tokens. Futures Trading: 0.03% maker fee and 0.05% taker fee. Note: The borrowing limit in the unified account mode is 50% less than that of the classic trading mode. Notice of Adjustment on Margin Call Coefficient and Trading Fees http://bit.ly/2mXX2yn 661. There are 238 coins and 555 trading pairs on the exchange. OKEx Margin Trading. OKEx is a cryptoasset exchange located in Hong Kong. OKEx is a Hong Kong based world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology. Many HaasOnline users leverage OKEx due to the large volume of crypto trading pairs they’re able to include in their automated trading strategies. OKEx fees are calculated depending on the daily volume of the user’s trading. Users‘ transaction fee on next day is determined by their tiers. Fees also varying depending on the type of trading (Spot Trading, Futures Trading, Perpetual Swap Trading, and Options Trading), and the status of the user (normal or VIP). If you trade between 100 BTC and 500 BTC, the maker fee is 0.09%, and the taker fee is 0.14%. 4X their balance is 800000 UDST. My trading fees; Start demo trading. OKEx adopts a maker-taker fee schedule to encourage more placements of orders and liquidity. Users can login on OKEx using their credentials from OkCoin, but accounts are independent of each other. Remarks: The individual limit is calculated separately in different trading pairs. OKEx does not charge deposit or withdrawal fees. Holding more than 2000 OKBs gives about a 40% reduction on fees. OKEx Deposit Fees. OKEX is a centralized cryptocurrency exchange located in Malta. For example, BTCUSD and BTCUSDT perpetual swaps are will be charged according to the Type I perpetual swap rate schedules. There are different types of trading wallets on the Okex exchange platform.
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