What is the trading fee on Huobi?
Huobi is a well-known cryptocurrency trading platform that charges a certain trading fee during transactions. So, what is the trading fee on Huobi? Next, we will provide a detailed introduction to Huobi's trading fee rates.
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Overview of trading fees
What is the trading fee on Huobi? Detailed trading fee rates on Huobi
Huobi's trading fees are mainly divided into two types: taker fees and maker fees. Taker fees refer to trades that are executed immediately, while maker fees refer to trades that are waiting to be executed on the exchange.
Detailed trading fee rates on Huobi
Huobi's trading fee rates vary depending on the specific trading pair, generally ranging from 0.1% to 0.2%. Specifically:
- Taker fee: 0.1%-0.2%
- Maker fee: 0.1%-0.2%
Trading fee discounts
Huobi also has trading fee discount activities, where users can obtain fee discounts by holding platform tokens, participating in trading mining, and other methods. Generally, users holding platform tokens can enjoy lower trading fees.
Method of calculating trading fees
Huobi's trading fees are determined based on the user's trading volume on the platform. Generally, trading fees are calculated as a certain percentage of the transaction amount. Users can view the specific fee amount on the trading page during transactions.
Payment methods for trading fees
When trading on Huobi, users can choose to pay trading fees with cryptocurrencies supported by the platform. After the transaction is completed, the system will automatically deduct the corresponding fee amount.
In summary, Huobi's trading fees are charged based on taker and maker methods, with fee rates ranging from 0.1% to 0.2%. Users can obtain fee discounts by holding platform tokens, participating in trading mining, and other methods, making trading more cost-effective.