How to Calculate the Spot Trading Fee?

Thank you for choosing Gate for digital asset trading. To help you to better understand and calculate the spot trading fees, this article will provide a detailed overview of Gate’s trading fee structure, calculation methods, and how to view the relevant information on both the app and website.

1. VIP tier and fee

Gate applies a tiered fee structure for spot trading, with the VIP levels ranging from VIP0 to VIP16. Each level corresponds to different maker and taker fee rates. You can view the detailed rates through our official website link. You can also obtain GT (GateToken) through purchases or activity rewards and use it to offset the trading fees on the link above. Note: The fee rates may be adjusted based on the market conditions. For the latest details, please refer to the official Gate website.

2. Overview of the trading fee structure There are two types of trading fee:

• Maker Fee: Trading fee charged for transactions as makers that refer to orders initiated to create an order book, pending matching fills.
• Taker : Trading fee charged for transactions as takers that refer to orders that have a matching order price in the order book and can be immediately filled.

3. Trading fee calculation
4. Calculate the trading amount

• Buy : Trading amount = purchase price x purchase amount
• Sell : Trading amount = selling price x selling amount

2. Confirm the trading fee rates You can find the corresponding taker or maker fee rate based on the VIP level.

3. Calculate the trading fee Trading fee = trading amount x fee rate

Example Assume that you are a VIP 0 user who plans to sell 2 ETH at the market price, with the current ETH price at 2,000 USDT.

1. Trading amount: 2,000 USDT × 2 ETH = 4,000 USDT

2. Trading fee rate: trading fee rate is 0.1%

3. Trading fee: 4000USDT × 0.1% = 4 USDT Therefore, you need to pay a trading fee of 4 USDT.

4. How to view the trading fee details on APP and Website? View on the Gate APP

5. Log in to your account: Open Gate App and log in to your account.

6. Transaction History:Assets - Unified Account - transaction history (upper left corner) - Spot/Spot Margin/Transfer/Deposit&Withdraw/Others - Spot - Trading fee

7. Order details: Spot order page - Order History (Bottom right) - Select a specific order to view the details

View on Gate website

1. Log in to your account: Visit Gate official website (https://www.gate.io), and log in to your account.

2. Transaction history: Click Assets - Transaction History - Unified Account, select the coin you want to view

3. Trade History: Click Spot - Trade History to view the trading fee of historical transactions.

4. How to reduce the trading fee?

5. Upgrade your VIP level : Increase your trading volume or hold more GT to upgrade your VIP level and enjoy lower trading fees.

6. Use GT to pay the trading fees: Enable the GT debit function to receive additional discounts.

7. Participate in official activities: Follow Gate's official announcements to take part in fee discount promotions.

8. Note:

• Real-time update: The fee rates may be adjusted based on the market. For the latest details, please refer to the official Gate website.
• Automatic payment: Trading fee will be paid automatically when the transactions are completed, no additional action is required.
• Order status: Fees are only charged for the filled portion of the order, while no fees are applied to the unfilled part.

Thank you for your support, wish you happy trading!

Gate Team