Simpler Fees, Bigger Rewards: Upcoming Changes to BitMEX Fee Structures
globalreutersOctober 9, 20241 Mins read 
From 22 October at 00:00 UTC, a new, simpler, and more rewarding fee structure will be implemented on BitMEX.
The new structure was designed to benefit traders of all kinds on BitMEX, small and big. With the change, users will be able to access lower entry barriers to our VIP fee levels, more standardised and simplified fees across all contracts on our platform, and more.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
Our New Fee Structure
|
Fee Level |
BMEX Staked |
OR |
30D Trading Volume (USD) |
Derivatives (Maker) |
Derivatives (Taker) |
Spot (Maker) |
Spot (Taker) |
|
Regular |
>=0 |
/ |
>=0 |
0.0500% |
0.1000% |
||
|
VIP 1 |
>=100,000 |
/ |
10,000,000 |
0.0250% |
0.0500% |
0.0700% |
|
|
VIP 2 |
>=250,000 |
/ |
25,000,000 |
0.0220% |
0.0450% |
0.0600% |
|
|
VIP 3 |
>=500,000 |
/ |
50,000,000 |
0.0200% |
0.0400% |
0.0550% |
|
|
VIP 4 |
>=1,500,000 |
/ |
100,000,000 |
0.0180% |
0.0350% |
0.0500% |
|
|
VIP 5 |
>=5,000,000 |
/ |
250,000,000 |
0.0150% |
0.0320% |
0.0450% |
|
Traders are able to reach respective fee levels as outlined above, by either…
- Staking BMEX Tokens OR
- Reaching certain 30D Trading Volume requirements (USD).
All users who stake BMEX Tokens on BitMEX will receive a 5% staking reward moving forward, regardless of their fee level.
Illustrating a significant change of course, these upcoming fee changes will bring the current fee structure not just in line with competing platforms, but ahead. It will benefit traders of all kinds on BitMEX – including smaller traders as well as institutional ones.
If you have any questions, please contact Support.
The post Simpler Fees, Bigger Rewards: Upcoming Changes to BitMEX Fee Structures appeared first on BitMEX Blog.
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