Does OKX charge any fees for its services? I'm interested in exploring the platform but want to make sure I understand all the costs involved. Are there transaction fees for buying and selling cryptocurrencies? Are there any deposit or withdrawal fees? Are these fees competitive compared to other exchanges? Also, is there any membership or subscription fee that needs to be paid? I would appreciate it if you could provide a clear and detailed breakdown of all the fees associated with using OKX. Thank you for your help in clarifying this matter.
            
            
 
            
            
            
            
          
            5 answers
            
            
  
     ethan_carter_engineer
    Fri May 24 2024
    ethan_carter_engineer
    Fri May 24 2024
   
  
    Our platform assigns tiers to users based solely on their trading volumes over a 30-day period. This ensures fairness and transparency in our fee structure.
  
  
 
            
            
  
     SolitudeSerenade
    Thu May 23 2024
    SolitudeSerenade
    Thu May 23 2024
   
  
    Additionally, as a trader with such high volumes, your taker fee would be reduced to 0.035%. This significantly lowers your overall trading costs, allowing you to retain more of your profits.
  
  
 
            
            
  
     Riccardo
    Thu May 23 2024
    Riccardo
    Thu May 23 2024
   
  
    Tiers are updated daily to reflect your recent trading activity, ensuring that you always benefit from the most advantageous fee rates.
  
  
 
            
            
  
     Caterina
    Thu May 23 2024
    Caterina
    Thu May 23 2024
   
  
    Currently, we are offering a promotional period where makers can enjoy a 0% fee. This is a great opportunity to maximize your profits without worrying about additional costs.
  
  
 
            
            
  
     EnchantedDreams
    Thu May 23 2024
    EnchantedDreams
    Thu May 23 2024
   
  
    To illustrate, let's say your 30-day trading volume reaches 50,000,001 TRY. Under these circumstances, you would qualify for a 0% maker fee discount.