Understanding the LeveX Fee Structure
This guide explains how fees work on LeveX's trading platform, including spot trading fees, futures trading fees, and how to reduce your trading costs.
Introduction to LeveX Fees
LeveX uses a tiered fee structure that rewards traders based on their 30-day trading volume or account balance. The platform employs a maker-taker model where fees vary depending on whether you're adding liquidity to the market (maker) or removing it (taker). Understanding how these fees work and the VIP tier system can help you significantly reduce your trading costs over time and maximize your trading efficiency.
Spot Trading Fees
Spot trading fees on LeveX apply whenever you buy or sell cryptocurrencies directly on the exchange. The platform uses a maker-taker fee model, which differentiates between orders that add liquidity to the market and those that remove it.
Maker orders add liquidity to the order book by placing limit orders that don't execute immediately. These orders sit in the order book until someone else matches them. Because makers provide liquidity to the market, they often enjoy lower fees at higher VIP levels as an incentive. On LeveX, maker fees for spot trading start at 0.1% for standard accounts (VIP 0).
Taker orders remove liquidity from the order book by matching with existing orders. Market orders are always taker orders since they execute immediately against existing orders in the book. Limit orders can also be taker orders if they immediately match with an existing order. Taker fees on LeveX also start at 0.1% for standard accounts (VIP 0).
As your trading volume increases or you maintain higher account balances, you qualify for LeveX's VIP program tiers that offer progressively lower fees. While both maker and taker fees start at the same rate for standard accounts, maker fees decrease more rapidly as you climb the VIP tiers, offering significant advantages for high-volume traders who provide liquidity to the market.
Futures Trading Fees
Futures trading on LeveX involves slightly different fee considerations compared to spot trading. When trading perpetual contracts, you'll encounter both trading fees and funding fees.
The base maker and taker fees for futures trading are lower than spot trading rates, with fees starting at just 0.02% for makers and 0.06% for takers at the VIP 0 level. This reflects the typically higher volumes and tighter margins in futures markets. Like with spot trading, these rates decrease significantly as you climb the VIP tiers based on your 30-day trading volume or account balance.
Funding fees are unique to perpetual futures contracts and are exchanged between long and short position holders at regular intervals (typically every 8 hours). Unlike trading fees that go to the exchange, funding fees are paid between traders. When the funding rate is positive, long position holders pay short position holders. When negative, short position holders pay long position holders. The funding rate mechanism helps keep the futures price aligned with the spot price of the underlying asset.
Additional fees may apply for specific actions like maintaining highly leveraged positions or liquidation fees if your position is forcibly closed due to insufficient margin. These fees help maintain market stability and cover the risks associated with leveraged trading.
Withdrawal Fees
Withdrawing cryptocurrencies from LeveX incurs network transaction fees that vary by cryptocurrency and blockchain network congestion. These fees are not profit centers for LeveX but rather cover the blockchain network costs of processing your withdrawal transaction.
Different cryptocurrencies have significantly different withdrawal fee structures based on their underlying blockchain technology. For example, Bitcoin withdrawals typically cost more than ERC-20 token withdrawals due to different network fee structures. LeveX adjusts these fees periodically to reflect current network conditions.
LeveX displays the exact withdrawal fee for each cryptocurrency before you confirm your withdrawal, allowing you to make an informed decision. For some cryptocurrencies, you may also select between different networks (where available) to optimize for lower fees or faster processing times.
Deposit Fees
LeveX does not charge fees for cryptocurrency deposits. When you transfer crypto to your LeveX account, you'll only pay the network transaction fee charged by the respective blockchain network, which goes to miners or validators, not to LeveX.
If you're depositing via fiat currency methods (where available), payment processor fees may apply depending on your payment method and region. These fees are clearly displayed before you complete your deposit.
How to Reduce Your Trading Fees
There are several strategies you can employ to minimize your trading costs on LeveX:
Increase Your Trading Volume or Account Balance
The most effective way to reduce trading fees is to increase your VIP tier. As shown in LeveX's fee structure, you can qualify for higher VIP levels either through your 30-day trading volume or by maintaining a minimum account balance. For example, reaching VIP 1 requires either a 30-day trading volume of $1,000,000 or an account balance of $1,000.
Each VIP tier provides progressively lower fees, with the most substantial discounts applied to maker fees to encourage liquidity provision. At the highest VIP levels, fees can be reduced by over 90% compared to the standard rates.
Use Limit Orders Instead of Market Orders
Whenever possible, place limit orders that don't execute immediately. These orders qualify as maker orders and receive lower fees than taker orders, especially at higher VIP levels. The fee difference between maker and taker orders becomes increasingly significant as you climb the VIP tiers.
As noted in the fee structure, "Takers are traders who actively fill orders at market price, while Makers passively act like prices awaiting Takers." By placing orders that add to the order book rather than taking from it, you contribute to market liquidity and are rewarded with lower fees.
Viewing Your Current Fee Rates
You can check your current fee rates by visiting the Fees & Conditions page on LeveX. This page displays the complete VIP tier structure, including both the trading volume and account balance requirements for each level. You can see exactly what maker and taker fees apply to your current VIP level for both spot and futures trading.
As noted on the fee page, "Your VIP level on LeveX is calculated based on your trading activity (spot and perpetual futures) or your account balance over the past 30 days." This means you have two paths to achieving fee discounts – either through active trading or by maintaining higher balances.
Fee Structure Updates
LeveX may update its fee structure periodically to remain competitive in the market or adjust to changing market conditions. Any changes to the fee structure are announced in advance through official LeveX channels, including email notifications to registered users and announcements on the platform.
Stay informed about these updates by regularly checking the official LeveX Blog or enabling notifications for important account updates.
Final Notes
Understanding LeveX's fee structure is essential for calculating your trading costs accurately and maximizing your trading efficiency. By familiarizing yourself with the different fee types and implementing strategies to reduce your costs, you can improve your overall trading profitability on the platform.
For the most current and detailed information about specific fees, always refer to the official Fees & Conditions page on the LeveX website.