The cryptocurrency trading landscape is evolving rapidly, and OKX continues to lead the charge with strategic updates designed to enhance user experience, improve market liquidity, and expand trading opportunities. In response to growing community demand, OKX has completed a comprehensive upgrade of its core trading infrastructure. This paves the way for the introduction of new futures contracts and a refined fee structure aimed at rewarding active participants in the market.
These changes reflect OKX's commitment to innovation, transparency, and user-centric design—ensuring traders have access to competitive pricing, advanced financial instruments, and a robust trading environment.
Enhanced Fee Structure for Crypto-to-Crypto Trading
Starting October 30, 2017, at 12:00 PM Beijing Time, OKX will implement a new maker/taker fee model for crypto-to-crypto spot trading. This shift is designed to incentivize liquidity provision and promote healthier order book depth across supported trading pairs.
Under the updated model:
- Maker fee: -0.1% — Traders who place limit orders that add liquidity to the market will receive a rebate of 0.1% per executed trade.
- Taker fee: +0.1% — Traders who execute market orders, thereby removing liquidity, will be charged a standard 0.1% fee.
👉 Discover how maker rebates can boost your trading returns with zero extra effort.
This negative maker fee effectively means that liquidity providers are paid by the platform for helping stabilize and deepen the market—an attractive proposition for algorithmic traders, high-frequency traders, and long-term market participants alike.
Introduction of New Futures Contracts
Expanding its derivatives offerings, OKX will launch futures contracts for Ethereum (ETH), Ethereum Classic (ETC), and Bitcoin Cash (BCC) on November 3, 2017, at 5:00 PM Beijing Time. These additions respond directly to user demand for diversified exposure within the digital asset ecosystem.
Each new futures contract will operate under a dedicated maker/taker fee schedule optimized for derivatives trading:
- Maker fee: -0.025% — Liquidity providers earn a 0.025% rebate.
- Taker fee: 0.075% — Liquidity takers pay 0.075% when opening or closing a position.
- Settlement fee: 0.05% — Applied upon contract settlement.
These low-cost incentives are structured to encourage active participation while maintaining a balanced and liquid futures market.
Updated Fee Model for BTC and LTC Futures
In alignment with the new ETH, ETC, and BCC futures structure, OKX will also revise the fee model for existing Bitcoin (BTC) and Litecoin (LTC) futures contracts—effective November 3, 2017, at 5:00 PM Beijing Time.
The previous fee structure will be replaced with a transparent, split-fee model:
- Open position: 0.015%
- Close position: 0.015%
- Contract settlement: 0.015%
While fees are now applied at each stage of the trade lifecycle, the total round-trip cost remains unchanged at 0.03%, ensuring no additional burden on traders. This update improves clarity and consistency across all futures products on the platform.
Why These Changes Matter
The latest upgrades signal OKX’s strategic focus on building a sustainable, performance-driven trading ecosystem. By adopting differentiated fee models across spot and derivatives markets, OKX aligns incentives between the platform and its users.
Key benefits include:
- Increased liquidity: Maker rebates attract more limit orders, reducing slippage and improving execution quality.
- Greater trading choice: New futures contracts allow traders to hedge or speculate on major altcoins with leverage.
- Transparent pricing: Clear, segmented fees make it easier to calculate costs and optimize trading strategies.
These improvements position OKX as a forward-thinking exchange that evolves with market needs—balancing innovation with stability.
👉 See how OKX’s low-fee futures can amplify your trading strategy in volatile markets.
Frequently Asked Questions (FAQ)
Q: What is the difference between a maker and a taker?
A: A maker places a limit order that doesn’t immediately match with an existing order—adding liquidity to the order book. A taker places an order that executes against an existing order—removing liquidity. Makers are rewarded; takers are charged.
Q: When do the new fees take effect?
A: The updated crypto-to-crypto trading fees start on October 30, 2017, at 12:00 PM Beijing Time. The new futures contracts and revised BTC/LTC futures fees go live on November 3, 2017, at 5:00 PM Beijing Time.
Q: Do the changes increase my overall trading cost?
A: No. For BTC and LTC futures, the total round-trip fee remains 0.03%. In fact, active liquidity providers may see net gains due to maker rebates across spot and futures markets.
Q: Are settlement fees applied per trade?
A: No. The settlement fee is charged only once per contract cycle—when the position is finalized or automatically settled.
Q: Can I trade the new futures contracts with leverage?
A: Yes. ETH, ETC, and BCC futures support leveraged trading. Users can access multiple leverage tiers based on risk parameters and account balance.
Q: How are maker rebates distributed?
A: Rebates are automatically credited to your account in the settlement currency of the traded pair upon successful execution of your limit order.
Looking Ahead
OKX’s latest enhancements are not just about fees—they represent a broader vision for the future of digital asset trading. With upgraded infrastructure, expanded product offerings, and a refined economic model, OKX is building a platform where both novice and professional traders can thrive.
As the crypto market matures, exchanges must do more than facilitate trades—they must empower users with tools, transparency, and incentives that drive long-term success. OKX’s move toward a liquidity-centric model sets a new benchmark in the industry.
👉 Start trading with low fees and high rewards—experience the next generation of crypto futures today.
By continuously listening to user feedback and adapting to market dynamics, OKX reaffirms its role as a leader in innovation and service excellence within the global blockchain ecosystem.
Note: All updates were implemented as announced in late October and early November 2017.