Spot Trading Fees, Limits, and Rules

This article provides an overview of the trading fees, limits, and rules for spot trading on BITGP. Understanding these key elements will help you optimize your trading experience, minimize costs, and comply with BITGP’s platform policies. We also cover VIP-level fee structures for advanced users.

Overview of Spot Trading Fees

BITGP employs a transparent and straightforward fee structure for spot trading, suitable for traders of all experience levels. It uses a maker-taker model, with a base fee rate of 0.1% for both maker and taker trades:

1. Maker Fees:
   • Charged for orders that add liquidity to the market, such as unmatched limit orders.
   • Base Rate: 0.1%.
2. Taker Fees:
   • Charged for orders that remove liquidity, such as market orders or immediately matched limit orders.
   • Base Rate: 0.1%.

Spot Trading Limits

BITGP enforces specific trading limits to ensure a fair and efficient trading environment.

1. Minimum Order Size:
   • The minimum trade size varies by trading pair to maintain liquidity and smooth execution.
   • Examples:
     • BTC/USDT: 0.0001 BTC
     • ETH/USDT: 0.001 ETH
2. Maximum Order Size:
   • Maximum order sizes depend on the liquidity and market conditions of each trading pair.
   • To check the maximum order size for a specific trading pair, go to Spot Trading in your BITGP account.
3. Daily Trading Limit:
   • There are no specific daily trading limits for spot trading.
   • For more details, refer to the Spot Trading Rules.

Key Spot Trading Rules

1. Account Requirements:
   • Users must complete Know Your Customer (KYC) verification to access unrestricted trading.
   • Ensure your Spot Wallet has sufficient funds before placing trades.
2. Supported Assets:
   • BITGP offers a variety of cryptocurrency pairs (e.g., BTC/USDT, ETH/BTC).
   • View the full list of supported trading pairs in the Spot Trading section.
3. Trading Mechanism:
   • Orders are matched in real-time based on the Order Book.
   • Use Market Orders to execute trades instantly at the best available price.
   • Use Limit Orders to set a specific buy/sell price for execution when the market reaches that level.
4. Trading Restrictions:
   • Certain assets or trading pairs may have regional restrictions due to regulatory requirements.
   • Verify the availability of your desired pair before trading.

How to Check Trading Fees on the BITGP

Please visit https://www.bitgp.com/fee for more information.

FAQs

1. What is the default fee rate for spot trading?
   • The default fee is 0.1% for both makers and takers.
2. How can I reduce my fees on BITGP?
   • Hold BGB tokens or upgrade to a higher VIP level for discounts.
3. What is the minimum trade size for spot trading?
   • It varies by trading pair (e.g., 0.0001 BTC for BTC/USDT).
4. Are there any restrictions for spot trading?
   • Some assets may have regional restrictions based on regulations.
5. What happens if my order is only partially filled?
   • The unfilled portion remains open until executed or canceled.

Disclaimer and Risk Warning

All trading tutorials provided by BITGP are for educational purposes only and do not constitute financial advice. The strategies and examples shared are illustrative and may not reflect actual market conditions. Cryptocurrency trading carries significant risks, including the potential loss of your funds. Past performance is not indicative of future results. Always conduct thorough research and understand the risks involved. BITGP is not liable for any trading decisions made by users.