When trading on platforms like Coins.ph, understanding how fees are calculated is crucial for managing your investments effectively.
How Trading Fees Are Calculated
Trading fees on Coins.ph are determined based on your monthly trading volume across all trading pairs. Here's a brief overview of how it works:
- Monthly Trading Volume: The total value of your trades within a 30-day period.
- Fee Structure: Fees are tiered based on your trading volume, with lower rates for higher volumes.
- It's important to note that cash ins and cash outs do not contribute to this volume.
For more information on monthly rolling trading volumes, please read this article: How does the Rolling Trade Volume (RTV) work?
VIP Fee Tiers
Coins.ph has established various VIP tiers that dictate the fees applicable to traders based on their monthly trading volumes in Philippine Pesos (PHP). This fee structure is designed to provide more competitive rates for high-volume traders:
|
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% |
Key Takeaways
- Higher Trading Volume = Lower Fees: As you increase your trading activity and reach higher tiers, your fees will decrease.
- Understanding Maker vs Taker Fees: The maker fee applies when you provide liquidity to the market (e.g., placing a limit order), while the taker fee applies when you take liquidity from the market (e.g., placing a market order).
Frequently Asked Questions
Can I see my current VIP tier?
- Go to the Coins.ph website
- Look for the User icon at the lower left of the screen
- Click on VIP Center to view your current VIP tier and trading volume.