Trading Volume Calculated in USD, Rather than BTC
Monthly trading volumes at CEX.IO used to be calculated in terms of BTC over the trailing 30-day period, where there was a minimum volume requirement of 5 BTC per month to access lower fees than the entry-fare (0.16% and 0.25%).
Accounting in BTC used to be the norm back when trading with fiat currency pairs was uncommon, and the 5 BTC threshold was established when the price of Bitcoin was below $2,000.
Considering the widespread adoption in fiat currency pairs, and Bitcoin’s adding a digit to its value over the years, the monthly trading volume at CEX.IO is now calculated in terms of US Dollars.
You’re now able to benefit from lower fee tiers as soon as your monthly trading volume reaches $10,000 in your CEX.IO account. In that sense, the required monthly trade volume has dropped from around $200,000 (the approximate equivalent of 5 BTC at current rate) down to $10,000, charged with some of the industry’s lowest trading fees!
Please note that the applicable fee for your next trade is calculated based on your current monthly-volume tier, not the tier you would reach after the trade is complete.
Start Trading Now
In an effort to meet client demand, CEX.IO continuously adds new cryptocurrencies to its platform, while providing efficient trading conditions for all market participants.
Start trading at CEX.IO now and enjoy some of the lowest fees by trading as little as $10,000 per month. When you reach above $100,000 with your executed limit orders, you will then enter one of the lowest fee territories in the entire industry!
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