okex purchase dogecoin handling fee

OKEx Dogecoin handling fees include: spot trading (market making 0.1%, taker 0.15%), leverage trading (market making 0.05%, taker 0.075%). Handling fees are affected by transaction type, market making/taking, transaction amount, and leverage multiple. Techniques for reducing handling fees include: using market-making orders, choosing lower leverage, and conducting large transactions.

OKEx Dogecoin handling fee

Fee standard

On OKEx The following fees are required to purchase Dogecoin:

• Spot trading: 0.1% (market making) / 0.15% (taker)
• Margin trading: 0.05% (market making)/0.075% (taking order)

Handling fee calculation

The handling fee is calculated as follows:

• Spot trading: Handling fee = Transaction amount * Handling rate
• Margin trading: Handling fee = Transaction amount Handling rate Leverage multiplier

Example

Suppose you purchase 100 Dogecoin on OKEx spot exchange, the current Dogecoin price is $0.1. In the case of market making, the handling fee that needs to be paid is:

手续费 = 100 * 0.1 * 0.001 = 0.01 美元

Factors affecting the handling fee

OKEx’s Dogecoin handling fee is affected by the following factors:

• Transaction type: The handling fees for spot trading and margin trading are different.
• Market making/taking orders: The handling fee for market making orders is lower than the handling fee for taking orders.
• Transaction amount: The larger the transaction amount, the higher the handling fee.
• Leverage multiple: In leveraged trading, the greater the leverage multiple, the higher the handling fee.

Tips to reduce handling fees

Tips to reduce OKEx Dogecoin handling fees include:

• Use market making orders trade.
• Choose a lower leverage ratio.
• Make large transactions whenever possible.

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