At EXTRACTBIT, we believe in transparent, fair, and competitive pricing. We strive to offer some of the lowest fees in the industry, ensuring that you keep more of your profits. Our fee structure is tiered, rewarding high-volume traders and holders of our native token with significant discounts.
Spot Trading Fees
Our standard spot trading fees are designed to be accessible for everyone, from beginners to institutional investors. Fees are calculated based on a Maker-Taker model.
- Maker Fee: Charged when you add liquidity to the order book (e.g., placing a limit order that doesn't fill immediately).
- Taker Fee: Charged when you remove liquidity from the order book (e.g., placing a market order).
For most users, the standard fee starts at 0.1% for both makers and takers. However, holding EBIT tokens can reduce this by up to 25%.
VIP Fee Structure
As your 30-day trading volume increases, you ascend through our VIP levels. Each level unlocks lower fees.
| VIP Level | 30d Vol (USDT) | Maker / Taker |
|---|---|---|
| VIP 0 | < 50k | 0.10% / 0.10% |
| VIP 1 | ≥ 50k | 0.09% / 0.10% |
| VIP 2 | ≥ 1M | 0.08% / 0.09% |
| VIP 3 | ≥ 10M | 0.06% / 0.08% |
Deposit and Withdrawal Fees
Deposits: Creating a deposit address and receiving crypto assets on EXTRACTBIT is entirely free. We do not charge any fees for deposits.
Withdrawals: Withdrawal fees are dynamic and automatically adjusted based on the blockchain network status. This fee covers the cost of the network transaction (gas) required to move your funds. We aim to keep these as low as possible.
P2P Trading Fees
Our Peer-to-Peer (P2P) marketplace offers zero fees for takers on most pairs. This allows you to convert your fiat currency to crypto directly with other users without incurring platform fees. Merchants (Makers) may be charged a small transaction fee depending on the advertisement type.
Transparency is key. You will always see the full fee breakdown before confirming any trade or withdrawal, ensuring there are never any surprises.