Calculation of fees at transactions

All transaction fees at Bitex.one exchange are calculated as percentage of transaction volume. Thus, the fees for taker and maker transactions differ and are specified in specifications of every contract. As a rule, taker fee is positive (taker pays the fee), while maker fee is negative (maker receives rebate).

Transaction volume is calculated as follows:

Where P – transaction price, Tick_size – number of contracts, Tick_value – minimal step of the instrument,
Volume – minimal price of the step.

Taker fee in BTC

Where feemaker% - amount of fee in percentage taken from specifications

Maker fee in BTC (BTC)

where feemaker% - amount of fee in percentage taken from specifications