Trading fee rates

How do we form trading fees at bitexbit

• The difference in trading fees is determined by the maker-taker system, which is traditional for many exchanges.

• Makers are users who place orders, thus “creating” the market and providing liquidity, so they usually have lower fees than takers. To become a maker, you need to place an order in the order book.

• Takers are users who take orders from the order book, reducing the amount of liquidity. The order placed by the taker is executed immediately by the order in the order book.

• Trading fees at bitexbit are charged after the order is executed, not when it is placed. Thus, you can cancel the order at any time before it is completely executed, paying a fee only for the executed part.

• The next 30 days’ fee level is determined by the user's account level based on their trading volume over the previous 30 days.