Fee Schedule
General Trading Fee
BlockFin provides futures and spot trading, and the general trading fees for users are as follows.
Markets | Maker Fee Rate | Taker Fee Rate |
|---|---|---|
Futures | 0.0200% | 0.0600% |
Spot | 0.1000% | 0.1000% |
Time-limited Discount
BlockFin offers fee discounts on selected cryptocurrencies, with the details of these discounts as follows.
Futures Discount Symbols
Symbols | Maker Fee Rate | Taker Fee Rate | Expiration Time |
|---|---|---|---|
PUNDIXUSDT | 0.0000% | 0.0300% | 05/02/2025 |
CTKUSDT | 0.0000% | 0.0300% | 05/02/2025 |
AIOTUSDT | 0.0000% | 0.0300% | 05/02/2025 |
DOLOUSDT | 0.0000% | 0.0300% | 05/03/2025 |
HAEDALUSDT | 0.0000% | 0.0300% | 05/03/2025 |
VIP Fee Tier
BlockFin offers different trading fee rates for VIP users. Users can enjoy higher trading fee discounts according to their VIP levels.
Users can level up their VIP status to unlock corresponding fee discounts by increasing either their asset balance or trading volume over the past 30 days. VIP levels are updated every morning at 12:00 (UTC). Sub-accounts will synchronize their fee rates with the main account. Please refer to the table below for the processing fees for different products and the requirements for each VIP level.
If users meet the conditions for different fee tiers in terms of total trading volume of perpetual contracts, spot trading volume, and total assets, they will enjoy the fee discount of the highest fee tier.
For example, if a user’s 30-day total trading volume of perpetual contracts is 68,000,000 USDT (VIP 3) and their 30-day spot trading volume is 28,000,000 USDT (VIP 2), the user will enjoy fee discounts in all markets as a VIP 3 user.
Tiers | Maker Fee Rate | Taker Fee Rate | 30 days futures trading volume (USDT) | And / Or | 30 days spot trading volume (USDT) | And / Or | Assets (USDT) |
|---|---|---|---|---|---|---|---|
VIP 1 | 0.0060% | 0.0500% | ≥ 10,000,000 | or | ≥ 1,000,000 | or | ≥ 50,000 |
VIP 2 | 0.0040% | 0.0450% | ≥ 25,000,000 | or | ≥ 2,000,000 | or | ≥ 500,000 |
VIP 3 | 0.0020% | 0.0425% | ≥ 50,000,000 | or | ≥ 4,000,000 | or | ≥ 1,000,000 |
VIP 4 | 0.0010% | 0.0400% | ≥ 200,000,000 (API Trading Volume ≤ 20%) | or | ≥ 6,000,000 (API Trading Volume ≤ 20%) | or | ≥ 2,000,000 |
VIP 5 | 0.0000% | 0.0350% | ≥ 500,000,000 (API Trading Volume ≤ 20%) | or | ≥ 8,000,000 (API Trading Volume ≤ 20%) | or | ≥ 3,000,000 |
30-day Trading Volume (USDT)
BlockFin will calculate the total 30-day volume of all your futures trades and spot trades, and reset it at 00:00 (UTC) everyday.
Total Assets
BlockFin will take a snapshot of users' crypto assets at 00:00 (UTC) every day, covering the balance of the Funding Account and Trading Account, with Futures Bonus and Vouchers excluded.
Makers and Takers
A maker order is a limit order that goes into the order book before being filled. For example, if the current lowest ask price for BTC is 1,000 USDT and you create a maker order with a bid price of 999 USDT, this order will not be filled immediately. It will then enter the order book until someone fills it. Once filled, you are required to pay the maker fee, and the taker will pay the taker fee. You also need to pay the taker fee when your limit ask order is filled.