|Tier||Last 30 Days Trading Volume
The Level of trading fee customer should pay will be calculated based on customer’s trading volume on Coinsuper Premium over the last 30 days. Coinsuper Premium will add up the USD equivalents of all the trading amounts customer generated over the last 30 days. The trading fee will be updated at 00:00 every day.
How to Calculate 30 Days Trading Volume?
To determine the USD equivalents, the actual USD price for completed order will be used for trading pair involving USD. For non-USD trading pair (i.e. virtual asset/BTC or virtual asset/ETH), the total trading volume is calculated by average USD price of BTC or ETH* multiply by the total number of completed virtual assets in term of BTC and ETH.
*The average USD price of BTC or ETH is determined by the total amount of completed BTC or ETH orders divided by total number of BTC or ETH traded.
What are Maker and Taker?
“Maker” refers to the situation where the order customer place cannot immediately trade with other existing orders in the book due to price mismatch; that is customer order will be kept in the book to wait for matching.
“Taker” refers to the situation where the order customer place immediately matches with other existing orders in the book; that is, customer order will take away the existing orders in the book.
*In case of partially matched orders, a Taker Fee is charged for the part immediately matched whereas a Maker Fee for the remaining portion.”