VIP Level Trading Fees
- Trading fees vary based on your VIP level
- VIP levels depend on your 30-day trading volume
- Two types of fees: maker (0.05%-0.25%) and taker (0.05%-0.30%)
- Higher trading volumes unlock lower fees
How Trading Fees Work
Maker vs. Taker Fees Explained
- Maker Fees: These are applied to orders that add liquidity to the order book.
- Taker Fees: These are applied to orders that remove liquidity from the order book.
VIP Fee Structure
VIP Fee Tier | 30-Day Spot Trading Volume (PHP) | Maker | Taker |
VIP 0 | - | 0.25% | 0.30% |
VIP 1 | ≥ 500,000PHP | 0.22% | 0.27% |
VIP 2 | ≥ 1,000,000 PHP | 0.18% | 0.24% |
VIP 3 | ≥ 2,500,000 PHP | 0.15% | 0.20% |
VIP 4 | ≥ 5,000,000 PHP | 0.12% | 0.18% |
VIP 5 | ≥ 10,000,000 PHP | 0.10% | 0.15% |
VIP 6 | ≥ 100,000,000 PHP | 0.08% | 0.12% |
VIP 7 | ≥ 500,000,000 PHP | 0.07% | 0.09% |
VIP 8 | ≥ 1,000,000,000 PHP | 0.06% | 0.07% |
VIP 9 | ≥ 2,500,000,000 PHP | 0.05% | 0.05% |
Example of Fee Calculation
To illustrate how fees are calculated based on your trading activity:
- Suppose you have a 30-day spot trading volume of PHP 10,000,000 (at VIP 5).
- The current ask price of BTC is PHP 2,000,000
- If you place a Limit Order to buy 1 BTC at PHP 1,950,000, this order will not execute immediately and will incur a maker fee of 0.10% of the trade amount:
Fee=1 BTC×PHP 2,000,000×0 001=PHP 1,950
- Conversely, if you place a Market Order for the same amount of BTC at the current ask price of PHP 2,000,000, you will incur a taker fee of 0.15%:
Fee=1 BTC×PHP 2,000,000×0 0015=PHP 3,000
Tips to Reduce Your Trading Fees
-
Increase Your Trading Volume
- Higher volumes unlock better VIP levels
-
Monitor Your 30-Day Volume
- Track your progress toward next VIP level
- Plan larger trades strategically
Frequently Asked Questions
How is my VIP level calculated?
Your VIP level is based on your total spot trading volume over the last 30 days. The system automatically updates your level as you reach new volume thresholds.
When do my trading fees get charged?
Fees are deducted automatically at the time of trade execution. Partial filled orders are charged only on the portion filled.
Where can I find my current VIP status?
You can check your status on the VIP Center. Check our article here to know how to access the Coins VIP Center.