In order to reduce transaction costs, enhance market liquidity and improve trading experience, OKX will upgrade its fee rate system on May 26, 2022. After the upgrade, VIP 5 will increase the requirements of asset. if a user’s asset or 30-day trading volume reaches the VIP 5 requirements, he will enjoy fee discounts in all markets as a VIP 5 user. It greatly reduces the requirements for users to enjoy VIP fees and rights.
The new fee rate rules will go into effect at 8:00 am on May 26, 2022 (UTC), and the fee tiers for users will be also updated and become effective at 11:00 pm on May 26, 2022 (UTC).
The specific fee rate rules are as follows.
Spot trading:
|
Spot |
||||
|
Tier |
Total OKB holding |
Assets (USD) or 30-day trading volume (USD) |
Maker Fee |
Taker Fee |
|
Lv 1 |
< 500 |
< 100,000 / < 10,000,000 |
0.080% |
0.100% |
|
Lv 2 |
≥ 500 |
< 100,000 / < 10,000,000 |
0.075% |
0.095% |
|
Lv 3 |
≥ 1,000 |
< 100,000 / < 10,000,000 |
0.070% |
0.090% |
|
Lv 4 |
≥ 1,500 |
< 100,000 / < 10,000,000 |
0.065% |
0.085% |
|
Lv 5 |
≥ 2,000 |
< 100,000 / < 10,000,000 |
0.060% |
0.080% |
|
VIP 1 |
|
≥ 100,000 / ≥ 10,000,000 |
0.060% |
0.080% |
|
VIP 2 |
|
≥ 500,000 / ≥ 20,000,000 |
0.050% |
0.070% |
|
VIP 3 |
|
≥ 2,000,000 / ≥ 50,000,000 |
0.030% |
0.060% |
|
VIP 4 |
|
≥ 5,000,000 / ≥ 100,000,000 |
0.020% |
0.050% |
|
VIP 5 |
|
≥ 10,000,000 / ≥ 200,000,000 |
0.000% |
0.040% |
|
VIP 6 |
|
-- / ≥ 500,000,000 |
-0.002% |
0.030% |
|
VIP 7 |
|
-- / ≥ 1,000,000,000 |
-0.005% |
0.025% |
|
VIP 8 |
|
-- / ≥ 10,000,000,000 |
-0.005% |
0.020% |
Futures & Perpetual Contracts:
|
Futures & Perpetual |
||||||||||
|
Tier |
Total OKB holding |
Assets (USD) or 30-day trading volume (USD) |
USDT-M Futures |
Crypto-M Futures |
USDT-M Perpetual |
Crypto-M Perpetual |
||||
|
Maker Fee |
Taker Fee |
Maker Fee |
Taker Fee |
Maker Fee |
Taker Fee |
Maker Fee |
Taker Fee |
|||
|
Lv 1 |
< 500 |
< 100,000 / < 50,000,000 |
0.020% |
0.050% |
0.020% |
0.050% |
0.020% |
0.050% |
0.020% |
0.050% |
|
Lv 2 |
≥ 500 |
< 100,000 / < 50,000,000 |
0.018% |
0.045% |
0.018% |
0.045% |
0.018% |
0.045% |
0.018% |
0.045% |
|
Lv 3 |
≥ 1,000 |
< 100,000 / < 50,000,000 |
0.017% |
0.040% |
0.017% |
0.040% |
0.017% |
0.040% |
0.017% |
0.040% |
|
Lv 4 |
≥ 1,500 |
< 100,000 / < 50,000,000 |
0.016% |
0.035% |
0.016% |
0.035% |
0.016% |
0.035% |
0.016% |
0.035% |
|
Lv 5 |
≥ 2,000 |
< 100,000 / < 50,000,000 |
0.015% |
0.030% |
0.015% |
0.030% |
0.015% |
0.030% |
0.015% |
0.030% |
|
VIP 1 |
|
≥ 100,000 / ≥ 50,000,000 |
0.010% |
0.030% |
0.010% |
0.030% |
0.010% |
0.030% |
0.010% |
0.030% |
|
VIP 2 |
|
≥ 500,000 / ≥ 100,000,000 |
0.008% |
0.030% |
0.008% |
0.030% |
0.008% |
0.030% |
0.008% |
0.030% |
|
VIP 3 |
|
≥ 2,000,000 / ≥ 200,000,000 |
0.005% |
0.030% |
0.005% |
0.030% |
0.005% |
0.025% |
0.005% |
0.030% |
|
VIP 4 |
|
≥ 5,000,000 / ≥ 600,000,000 |
0.002% |
0.025% |
0.002% |
0.025% |
0.002% |
0.020% |
0.002% |
0.025% |
|
VIP 5 |
|
≥ 10,000,000 / ≥ 1,000,000,000 |
0.000% |
0.025% |
0.000% |
0.025% |
0.000% |
0.020% |
0.000% |
0.025% |
|
VIP 6 |
|
-- / ≥ 1,500,000,000 |
-0.010% |
0.025% |
-0.005% |
0.025% |
-0.002% |
0.020% |
-0.005% |
0.025% |
|
VIP 7 |
|
-- / ≥ 2,000,000,000 |
-0.015% |
0.025% |
-0.010% |
0.025% |
-0.005% |
0.020% |
-0.010% |
0.025% |
|
VIP 8 |
|
-- / ≥ 20,000,000,000 |
-0.015% |
0.020% |
-0.010% |
0.020% |
-0.005% |
0.015% |
-0.010% |
0.020% |
Options:
|
Options |
||||
|
Tier |
Total OKB holding |
Assets (USD) or 30-day trading volume (USD) |
Maker Fee |
Taker Fee |
|
Lv 1 |
< 500 |
< 100,000 / < 5,000,000 |
0.020% |
0.030% |
|
Lv 2 |
≥ 500 |
< 100,000 / < 5,000,000 |
0.018% |
0.030% |
|
Lv 3 |
≥ 1,000 |
< 100,000 / < 5,000,000 |
0.017% |
0.030% |
|
Lv 4 |
≥ 1,500 |
< 100,000 / < 5,000,000 |
0.016% |
0.030% |
|
Lv 5 |
≥ 2,000 |
< 100,000 / < 5,000,000 |
0.015% |
0.030% |
|
VIP 1 |
|
≥ 100,000 / ≥ 5,000,000 |
0.010% |
0.020% |
|
VIP 2 |
|
≥ 500,000 / ≥ 10,000,000 |
0.008% |
0.019% |
|
VIP 3 |
|
≥ 2,000,000 / ≥ 25,000,000 |
0.005% |
0.017% |
|
VIP 4 |
|
≥ 5,000,000 / ≥ 40,000,000 |
0.002% |
0.015% |
|
VIP 5 |
|
≥ 10,000,000 / ≥ 1,000,000,000 |
0.000% |
0.015% |
|
VIP 6 |
|
-- / ≥ 1,500,000,000 |
-0.005% |
0.015% |
|
VIP 7 |
|
-- / ≥ 2,000,000,000 |
-0.010% |
0.015% |
|
VIP 8 |
|
-- / ≥ 20,000,000,000 |
-0.010% |
0.013% |
For more information, please visit the OKX website: https://www.OKX.com/fees.html
If users meet the conditions of different fee tiers in terms of spot trading volume, total trading volume of futures and perpetual contracts (USDT-margined and crypto-margined), options trading volume and total assets, they will enjoy the fee discount of the highest fee tier.
For example, if a user's 30-day spot trading volume is 20,000,000 USD (VIP 2); his total trading volume of futures and perpetual contracts (USDT-margined and crypto-margined) in the last 30 days is 200,000,000 USD (VIP 3); his 30-day options trading volume is 5,000,000 USD (VIP 1); and his total assets as of today is 5,000,000 USD (VIP 4), he will enjoy fee discounts in all markets as a VIP 4 user.
For any inquiries regarding this upgrade, please feel free to contact us in the official OKX Telegram group or via the Support Center.
OKX
May 19, 2022 (UTC)
A step-by-step guide to purchasing and selling crypto on OKX,
Step 1: Log in to your OKX account
Before you can start buying or selling cryptocurrency on OKX, you must first log in to your OKX account. If you do not yet have an account, click Sign up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKX account, click Buy Crypto in the upper left-hand corner of the screen to get started.
Step 3: Select your purchasing method
The next step is to choose how you would like to buy or sell . There are two primary options on OKX: Express and P2P trade.
Finally, simply confirm your transaction details.
Sign up and log in with the App to claim your Mystery Box worth up to $10,000