Understanding Your Spot Trading Fees

Spot trading on BTSE involves two main types of fees:

Maker Fee: When you place an order that doesn't fill immediately (like a limit order), and it gets added to the order book, you're a "Maker." You're essentially "making" the market by adding liquidity.

Taker Fee: When you place an order that DOES fill immediately (like a market order), taking away from the orders already in the order book, you're a "Taker."

What are spot trading fees?

Spot trading fees are the charges you pay when you complete a trade on the spot market.

How do spot trading fees work?

When you make a trade, the fees are taken from the currency you receive upon completion of the trade. So, if you buy BTC using USDT, your fee is charged in BTC. But, if you sell BTC for USDT, then the fee will be denominated in USDT.

Can I get a discount on spot trading fees?

Yes, you can! If you're an active trader with us, you can enjoy discounted fees, depending on your VIP level. You’ll qualify for lower fees by hitting certain on spot or futures trading thresholds every month.

Check out this page for the exact details on what fee discounts you can get.

Further information

Re-evaluation: VIP levels are updated daily, based on the preceding 30-day trading volumes.

Checking Your VIP Level: Your current VIP status is accessible on the Account Profile Page.

Discounts: VIP level benefits and other promotional offers cannot be combined. If both are available, the larger discount prevails.

Volume Conversion: All trading volumes are measured in USDT. Other currency volumes are translated to USDT based on the prevailing spot rate.

Policy Reminder: BTSE doesn't permit users to refer themselves by creating multiple accounts. 

Do market makers enjoy special trading fees?

Yes, BTSE offers attractive rates for market makers, as outlined below. If you're a market maker looking to join our program, please reach out to us at mm@btse.com.