Maker Order

An order placed at a specified price that enters the order book instead of matching immediately.

Example: Current best ask is 100 USDT. A buy order placed at 99 USDT enters the order book until matched. When filled, maker fees apply.

Taker Order

An order that matches immediately with existing orders on the book.

Example: Current best ask is 100 USDT. A buy order placed at 100 USDT matches immediately. When filled, taker fees apply.

MX Holdings

1. Hold ≥ 500 MX in Spot for 24 hours to enjoy ‎0% discount on Spot and Futures trading fees. Benefits for the main account and sub-account are independent and cannot be shared.

2. Holdings will be verified through three random daily platform snapshots. The lowest quantity from these snapshots will determine if the daily requirement has been met.

3. Once the required quantity has been maintained for the specified number of days, benefits will automatically activate at 16:00 (UTC) the following day. Please note there may be slight delays in data processing.

4. MX holder fee discounts in your Spot account cannot be used in conjunction with MX deduction. Priority is given to the MX Spot holding discount.

5. Some trading pairs are excluded from MX fee deductions. For details, please refer to the fee rate page.

MX Deduction

1. Spot Fee Deduction: Once enabled, MX tokens will be prioritized for fee deductions on Spot trades, granting a ‎0% discount. The discount becomes invalid once MX tokens are depleted.

2. Futures Fee Deduction: Once enabled, users must transfer MX tokens to their Futures wallet. MX will then be prioritized for fee deductions on Futures trades, granting a ‎0% discount. The discount becomes invalid once MX tokens are depleted.

3. Discount & Deduction Policy: The MX holder discount and MX deduction cannot be combined. Users will automatically receive the higher of the two discount rates.

4. Some trading pairs are excluded from MX fee deductions. For details, please refer to the fee schedule.