1. Hold platform tokens.

Transfer it to the corresponding trading account, and by using platform tokens to offset fees, you can enjoy discounts on the fee rate. The spot trading fee rate has a 25% discount, while the contract trading fee rate has a 10% discount.

2. VIP Level Discounts.

By increasing trading volume and holding platform tokens, you can upgrade to VIP. As the VIP level increases, the fee rate decreases progressively.


3. Understand the difference between limit and market orders (using limit orders can reduce fees)

Limit Order (Fee Rate 0.20%)

Definition: A limit order is an order to buy or sell at a specified price. The trade will only be executed when the market price reaches or exceeds the set price.

Advantages

Price Control: Ensures trading at the expected price or better.

Risk Management: Avoid buying at unexpectedly high prices or selling at low prices.

Disadvantages:

No Guarantee of Execution: If the market price does not reach the set price, the trade may not be executed.

Requires Patience: May need to wait for the market price to reach the set price.

Market Order (Fee Rate 0.15%)

Definition: A market order is an order that does not specify a specific price; the trade will be executed immediately at the best available market price.

Advantages:

Quick Execution: Ensures that trades are completed swiftly.

Simple and Easy to Use: Suitable for urgent buying or selling situations.

Disadvantages:

Price Uncertainty: May execute at an unexpected price, with slippage risk.

High Volatility: In a highly volatile market, the execution price may differ significantly from expectations.

In summary, limit orders are suitable for traders who have specific price requirements and are not in a hurry to execute, while market orders are suitable for those who need to buy or sell urgently and do not care about the exact price.

4. Fee Rebates

The purpose of fee rebates is to help users save on trading fees, which is a promotional policy of the exchange and can only be filled out at the time of registration, with operational methods available.

Fee rebates only require you to fill in an invitation code from your referrer at the time of registration.