Set out below are the transaction costs that apply when using our platform:
• Trading Fees • Margins • Deposit and Withdrawal Transaction Costs

Trading Fees

Intcoex currently employs a volume-tiered, maker-taker fee schedule.

Fees are charged and deducted on a per-trade basis. The more “total volume” you trade on a rolling 30-day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and will adjust your fees with the table below. Alteration to this fee structure are available upon request.

Maker Taker Trade Volume (trailing 30 day avg)
0.10% 0.20% <500K USD
0.08% 0.20% ≥500K USD
0.06% 0.20% ≥1M USD
0.04% 0.20% ≥2.5M USD
0.02% 0.20% ≥5M USD
0.00% 0.20% ≥7.5M USD
0.00% 0.18% ≥10M USD
0.00% 0.16% ≥15M USD
0.00% 0.14% ≥20M USD
0.00% 0.12% ≥25M USD
0.00% 0.10% ≥30M USD

What Does Maker-Taker Mean?

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or "takes") the maker's order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers' orders with their own.

The maker-taker model encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to the increased incentive for makers to outbid each other. The higher fee that the taker pays is usually offset by the better prices this tighter spread provides.


Interest charged to margin customers by lenders

If you are a margin customer, you will pay interest to the lending customer based on the amount loaned. This interest will be paid to lending customer when your position is closed. The interest rate is specified in the loan offer by the lender and you will be matched based on the maximum loan rate you specify.

For the avoidance of doubt, any trade prompted by a margin orders will also be subject to the standard trading fees set out above.

Lending Fees

Intcoex will charge a fee of 15% of earned interest by the lending customer.

Deposit and Withdrawal Transaction Costs

Intcoex does not charge fees for deposits or withdrawals. However, note that when you withdraw assets from your wallet, Intcoex will deduct the necessary network fee to cover the cost of broadcasting a transaction to the network, set dynamically based on blockchain load. You must therefore have enough assets in your account in order to transfer the assets out, net of any network fees.