At XBBIT, our user's trading fee is determined by the total trading volume in USD₮ (equivalent) accumulated over a 30-day period. This cumulative 30-day trading volume is automatically tabulated every day at 00:00 (UTC). In line with this, user discount levels and their corresponding fee rates are refreshed daily at 02:00 (UTC) as presented in the table below:
Level | 30 days of USD₮ volume | Fees |
1 | 0 - 60,000 | 0.20% |
2 | ≥ 60,000 - 75,000 | 0.18% |
3 | ≥ 75,000 - 90,000 | 0.17% |
4 | ≥ 90,000 - 105,000 | 0.16% |
5 | ≥ 105,000 - 120,000 | 0.15% |
6 | ≥ 120,000 - 135,000 | 0.14% |
7 | ≥ 135,000 - 150,000 | 0.13% |
8 | ≥ 150,000 - 500,000 | 0.12% |
9 | ≥ 500,000 - 2,000,000 | 0.11% |
10 | ≥ 2,000,000 - 6,000,000 | 0.10% |
11 | ≥ 6,000,000 - 8,000,000 | 0.09% |
12 | ≥ 8,000,000 - 10,000,000 | 0.08% |
13 | ≥ 10,000,000 - 12,000,000 | 0.07% |
14 | ≥ 12,000,000 - 15,000,000 | 0.06% |
15 | ≥ 15,000,000 | 0.05% |
It's essential to note that the trading fees are directly deduced from the total asset amount you've opted to trade.
Imagine you decide to buy BTC/USD₮, setting a quantity of 0.8 BTC at a limit price of USD₮ 9,500. Upon the completion of this buy order, your USD₮ balance will decrease by USD₮ 9,500, while your BTC balance will be credited with 0.8 - 0.8 * 0.2% = BTC 0.792.
On the flip side, if you're feeling sell-y and place a sell order for BTC/USD₮ at 0.8 BTC for a limit price of USD₮ 9,500, once this sell order goes through, your BTC stash will decrease by 0.8 BTC. Simultaneously, your USD₮ account will get a boost of 9,500 - 9,500 * 0.2% = USD₮ 9,481.
The XBBIT squad is wholeheartedly committed to ensuring that your trading journey is as transparent and efficient as possible.