VOOX categorizes users into Regular Users and VIP Members based on their asset volume or trading volume over the past 30 days. A user’s tier determines the transaction fees they will incur on the next trading day.
Different trading types have multiple criteria for fee tier calculations. If you meet different fee tier standards across trading types, you will always enjoy the highest-tier fee discount you’ve achieved.
For example:
-If your spot trading volume over the past 30 days is 3,000,000 USD, qualifying you for VIP 2 fees,
-While your futures trading volume reaches 50,000,000 USD, qualifying you for VIP 3 fees,
-Then all your trading types will receive the VIP 3 fee discount.
Spot Trading Fee
| level |
30-day average spot trading volume
|
and/or |
asset (USD) |
Maker fee |
Taker fee |
| regular user | <1,000,000 | or | <50,000 | 0.100% | 0.100% |
| VIP1 | ≥1,000,000 | or | ≥50,000 | 0.090% | 0.090% |
| VIP2 | ≥3,000,000 | or | ≥80,000 | 0.080% | 0.080% |
| VIP3 | ≥5,000,000 | or | ≥100,000 | 0.070% | 0.070% |
| VIP4 | ≥8,000,000 | or | ≥500,000 | 0.060% | 0.060% |
| VIP5 | ≥10,000,000 | or | ≥1,000,000 | 0.050% | 0.050% |
Futures Trading Fee
| level |
30-day average futures trading volume
|
and/or |
asset (USD) |
Maker fee | Taker fee |
| regular user | <10,000,000 | or | <50,000 | 0.040% | 0.060% |
| VIP1 | ≥10,000,000 | or | ≥50,000 | 0.038% | 0.057% |
| VIP2 | ≥30,000,000 | or | ≥80,000 | 0.036% | 0.054% |
| VIP3 | ≥50,000,000 | or | ≥100,000 | 0.034% | 0.051% |
| VIP4 | ≥80,000,000 | or | ≥500,000 | 0.032% | 0.048% |
| VIP5 | ≥100,000,000 | or | ≥1,000,000 | 0.030% | 0.045% |
Maker/Taker：
The Maker/Taker trading mechanism incentivizes users to place limit orders in advance, aiming to enhance market liquidity, boost trading activity, and contribute to price stability.
By encouraging users to post orders ahead of time, this mechanism improves market depth and helps create a better trading environment for all participants.
Maker
A maker submits orders that do not execute immediately but remain on the order book as limit orders, waiting to be matched by other traders.
-Example: Placing a buy order below the market price or a sell order above the market price.
-By adding orders to the order book, makers provide liquidity to the market, hence also called Liquidity Providers.
-Makers typically enjoy lower fee rates or even fee rebates.
-Example Scenario:
1）Current best ask price: 100 USDT
2）A user places a buy limit order at 90 USDT
3）The order enters the bid queue until a seller matches it at 90 USDT
4）Once filled, the taker pays the maker fee rate.
Taker
A taker submits orders that execute immediately by matching with existing orders on the order book.
-Example: Placing a market order to buy/sell, or using a limit order that instantly matches available liquidity.
-Takers remove liquidity from the market, hence termed Liquidity Takers.
-Takers typically pay higher fee rates compared to makers.
-Example Scenario:
1）Current best ask price: 100 USDT
2）A user places a buy order at 100 USDT, matching the existing sell order
3）The order executes immediately as a taker trade
4）Upon settlement, the taker fee rate applies.
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