Dear user,
CoinW is committed to optimizing your trading experience, and as such, we are excited to introduce a brand-new spot trading fee structure. This upgrade aims to provide a gradual, high-quality fee discount system as a token of appreciation for your continued support.
CoinW will adjust its base fee rates for spot trading as follows:
Maker (Limit Order) Fee: Adjusted to 0.1%
Taker (Market Order) Fee: Adjusted to 0.1%
The CoinW VIP spot fee system is based on users’ asset holdings and 30-day spot trading volume. Users will enjoy different fee discounts based on the higher of the two criteria. Fee tiers are updated daily.
For example, if a user’s spot trading volume in the past 30 days is 15,000,001 USD, they qualify for 0.030% maker fee and 0.050% taker fee.
30-Day Average Asset Value:
The platform takes daily snapshots of users’ holdings across all tokens, converting them into USD value. The higher value between the 30-day average and the latest snapshot is used to determine asset level.
Example: If your 30-day average is $1,000 and today’s snapshot is $5,000, you will be evaluated at the $5,000 level.
30-Day Trading Volume:
The platform calculates your cumulative 30-day spot trading volume, converting all trades (across pairs like BTC, ETH, SOL, and others) into USD using the rate at the time of each trade.
Fees are deducted in the quoted currency of the pair.
Buyer Fee Formula:
Buy Quantity = Total Amount × (1 - Fee Rate) ÷ Price
Seller Fee Formula:
Sell Amount = Total Sold × (1 - Fee Rate) × Price
Example (BTC/USDT):
If BTC is 100,000 USDT:
Market Buy (Taker, 0.055%): Fee = 0.055% × 100,000 = 55 USDT → Receives 0.99945 BTC
Limit Sell (Maker, 0.04%): Fee = 0.04% × 100,000 = 40 USDT → Receives 99,960 USDT
With the launch of the new fee system, referral commissions will also be updated:
For referred users who reach VIP 4 and above, their generated spot trading fees will no longer be eligible for referral rebates or cashback.
4. FAQs
1. What are Makers and Takers?
Maker: Places a limit order that does not immediately match with existing orders, entering the order book.
Taker: Places an order that immediately matches with an existing order.
2. How are VIP levels upgraded or downgraded?
A user is upgraded when their 30-day average asset value or daily snapshot meets the threshold, or when their 30-day trading volume does.
The higher of the two values will determine the applicable VIP level.
If a user no longer meets any criteria, their level will be downgraded.
3. How do I retain my VIP level?
Upon reaching or upgrading to a new VIP level, you will receive a 30-day downgrade protection period.
4. When is the VIP level updated?
Every day between 16:00–24:00 (UTC), based on the latest 30-day data.
5. Can users with the old VIP discount still enjoy the new system?
Yes. Users with old VIP discounts will be automatically transitioned to the equivalent new level with the same remaining duration.
If your old discount rate is higher than the new base rate, you’ll be granted the VIP 1 rate for the remaining period.
Thank you for your continued support of CoinW!
CoinW
Dear user,
CoinW is committed to optimizing your trading experience, and as such, we are excited to introduce a brand-new spot trading fee structure. This upgrade aims to provide a gradual, high-quality fee discount system as a token of appreciation for your continued support.
CoinW will adjust its base fee rates for spot trading as follows:
Maker (Limit Order) Fee: Adjusted to 0.1%
Taker (Market Order) Fee: Adjusted to 0.1%
The CoinW VIP spot fee system is based on users’ asset holdings and 30-day spot trading volume. Users will enjoy different fee discounts based on the higher of the two criteria. Fee tiers are updated daily.
For example, if a user’s spot trading volume in the past 30 days is 15,000,001 USD, they qualify for 0.030% maker fee and 0.050% taker fee.
30-Day Average Asset Value:
The platform takes daily snapshots of users’ holdings across all tokens, converting them into USD value. The higher value between the 30-day average and the latest snapshot is used to determine asset level.
Example: If your 30-day average is $1,000 and today’s snapshot is $5,000, you will be evaluated at the $5,000 level.
30-Day Trading Volume:
The platform calculates your cumulative 30-day spot trading volume, converting all trades (across pairs like BTC, ETH, SOL, and others) into USD using the rate at the time of each trade.
Fees are deducted in the quoted currency of the pair.
Buyer Fee Formula:
Buy Quantity = Total Amount × (1 - Fee Rate) ÷ Price
Seller Fee Formula:
Sell Amount = Total Sold × (1 - Fee Rate) × Price
Example (BTC/USDT):
If BTC is 100,000 USDT:
Market Buy (Taker, 0.055%): Fee = 0.055% × 100,000 = 55 USDT → Receives 0.99945 BTC
Limit Sell (Maker, 0.04%): Fee = 0.04% × 100,000 = 40 USDT → Receives 99,960 USDT
With the launch of the new fee system, referral commissions will also be updated:
For referred users who reach VIP 4 and above, their generated spot trading fees will no longer be eligible for referral rebates or cashback.
4. FAQs
1. What are Makers and Takers?
Maker: Places a limit order that does not immediately match with existing orders, entering the order book.
Taker: Places an order that immediately matches with an existing order.
2. How are VIP levels upgraded or downgraded?
A user is upgraded when their 30-day average asset value or daily snapshot meets the threshold, or when their 30-day trading volume does.
The higher of the two values will determine the applicable VIP level.
If a user no longer meets any criteria, their level will be downgraded.
3. How do I retain my VIP level?
Upon reaching or upgrading to a new VIP level, you will receive a 30-day downgrade protection period.
4. When is the VIP level updated?
Every day between 16:00–24:00 (UTC), based on the latest 30-day data.
5. Can users with the old VIP discount still enjoy the new system?
Yes. Users with old VIP discounts will be automatically transitioned to the equivalent new level with the same remaining duration.
If your old discount rate is higher than the new base rate, you’ll be granted the VIP 1 rate for the remaining period.
Thank you for your continued support of CoinW!
CoinW