Maker: When you place an order that is not matched immediately by an existing order, it is placed on the order book. If another Bcnex member places an order that matches the order you have placed, you are known as the maker and will pay a maker fee between 0.00% and 0.15%.
Taker: When you place an order that is matched immediately against an order already on the order book, you are known as a taker, and will pay a taker fee between 0.03% and 0.15%.
Bcnex members, who select BCNX tokens for covering trading fees, get a 75% discount applied to the trading fee (subject to change).
Bcnex OTC trading fees are calculated based on a member’s trading volume over a 30-day period (in eVND) and current BCNX balance.
At 00:00 AM (UTC+7) every day, Bcnex will review and snapshot user BCNX holdings and total trading volume over the past 30-day period (equivalent in eVND). A member’s Tier level and corresponding maker/taker fees are updated within an hour of the review.