The trading fee will be charged for executed orders (including partially filled orders). If the order still on the Order Book, you will not be charged any fees.
The MAX exchange adopts Maker - Taker pricing model to charge trading fees.
- Trading Fees:
Maker fees apply if your limit order is added to the Order Book to increase Market Depth, and another order is placed that matches your order.
Taker fees apply if your limit or market order that you place is matched with an order already existing on the Order Book, this will decreases the Market Depth of the platform.
- Maker fee - 0.05% of total transaction amount will be charged.
- Taker fee - 0.15% of total transaction amount will be charged.
- Discount will be applied if using MAX Tokens as payment. For more details, please refer to this page https://maicoin2.freshdesk.com/en/support/solutions/articles/32000024832-when-will-the-trading-fee-discount-capability-of-max-token-be-enabled-.
- Invoices will based on the fees that we actually charged in TWD, and the trading fees will round up to the nearest TWD. Minimum is TWD$1.