Understanding Okcoin's Fee Structure
Navigating crypto exchange fees can be challenging, especially for newcomers. Okcoin offers a transparent fee structure with competitive rates across various transaction types. This guide breaks down all applicable fees to help you make informed trading decisions.
Buy Fees on Okcoin
Payment method determines your purchase fees:
| Payment Method | Fee |
|---|---|
| Trading/Funding Account | 0% |
| Bank Account | 0% |
| Debit/Credit Card | 2.49% |
👉 Learn how to reduce trading fees
Special Note for Brazilian Users:
Purchases in BRL incur an additional 1% fee
Sell Fees Structure
Selling from your trading account:
| Account Type | Fee |
|---|---|
| Trading Account | 0% |
Deposit & Withdrawal Fees
Processing Fees by Payment Method
| Method | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|
| Card | N/A | N/A | Instant |
| Wire Transfer | 0% | 0% | 1-5 business days |
| Bank Account (ACH) | 0% | 0% | 1-5 business days |
| SEPA (EU) | 0% | 0% | 1-5 business days |
| Etana (US) | 0% | 0% | 1-2 business days |
| TED (Brazil) | 2% | 0% | Instant |
| PIX (Brazil) | 2% | 0% | Instant |
Minimum Transaction Amounts
| Method | Minimum Deposit | Minimum Withdrawal |
|---|---|---|
| Wire Transfer | $1/€1 | $50/€50 |
| Bank Account (ACH) | $1 | $1 |
| SEPA (EU) | €1 | €1 |
| TED/PIX (Brazil) | R$50 | R$50 |
Note: Some banks may charge separate wire transfer fees
Trading Fees: Maker-Taker Model
Okcoin uses a volume-based fee structure:
| Tier | 30-Day Volume (USD) | Maker Fee | Taker Fee |
|---|---|---|---|
| P0 | < $100K | 0.10% | 0.20% |
| P1 | $100K-$500K | 0.09% | 0.18% |
| P2 | $500K-$1M | 0.07% | 0.16% |
| P3 | $1M-$5M | 0.04% | 0.14% |
| P4 | $5M-$10M | 0.02% | 0.10% |
| P5 | $10M-$25M | 0.00% | 0.08% |
| P6 | $25M-$50M | 0.00% | 0.06% |
| P7 | $50M-$100M | 0.00% | 0.05% |
Volume calculations update daily at 00:00 UTC+8
👉 Advanced trading fee strategies
Margin Trading Interest Rates
Real-time rates vary based on market conditions:
| Tier | Daily Rate Discount | Max Leverage |
|---|---|---|
| P0 | 5% off | 1x |
| P1 | 10% off | 2x |
| P2 | 15% off | 3x |
| P3 | 20% off | 4x |
| P4 | 30% off | 5x |
Interest accrues hourly after borrowing
FAQ Section
What's the cheapest way to fund my Okcoin account?
Bank transfers (ACH/SEPA) and wire transfers have no deposit fees, making them the most cost-effective options.
How can I reduce my trading fees?
Increase your 30-day trading volume to qualify for higher tiers with lower maker-taker fees. Market makers may contact Okcoin for special incentives.
Are there any hidden fees?
All fees are transparently disclosed. However, third-party payment providers (like banks) may charge separate fees not controlled by Okcoin.
Do fees vary by country?
Yes, some regional payment methods (like Brazil's PIX) have specific fee structures. Always check the latest rates for your location.
How are margin interest rates calculated?
Rates fluctuate based on market demand and are applied hourly to outstanding balances. Higher tiers receive significant discounts.
Can I get fee discounts?
High-volume traders automatically qualify for reduced fees. Institutional traders should contact [email protected] for custom arrangements.