Every transaction conducted on Deepcoin will incur a trading fee.

The actual order cost will additionally reserve an opening taker 0.06%, maker 0.02% trading fee; however, the actual trading fee will be paid when the order is executed and calculated based on the actual transaction price. If there is any remaining amount after deducting the actual opening fee upon full execution of the order, it will be automatically refunded to the available assets.

The order fees for liquidity providers (orders entered into the order book to increase market depth, such as limit orders) and liquidity takers (orders executed immediately, consuming market depth, such as market orders) are positive numbers, meaning traders need to pay fees.

Contract trading fee rate: taker 0.06%, maker 0.02%

Trading fee calculation formula:

Fee = Contract Size x Contract Quantity x Fee Rate x Transaction Price

Contract Size:

This refers to the value of one contract per order. For example, one BTCUSDT contract has a size of 0.001 BTC.

Example:

Trader A uses a market order to buy long 100 BTCUSDT contracts (contract size 0.001 BTC).

If we assume the order price is 18,000 USDT, after matching:

Trader A as liquidity taker pays a fee = 0.001*100*18000*0.06% =1.08 USDT