Blofin provides different trading fee rates for different VIP levels. Users can enjoy higher trading fee discounts accounting to different VIP levels.
Users can increase their VIP level to unlock the corresponding VIP level fee discount by increasing either asset balance or trading volume in the past 30 days. If users meet the conditions of different fee tiers in terms of spot trading volume, total trading volume of perpetual futures, and total assets, they will enjoy the fee discount of the highest fee tier. The VIP level will be updated every morning at 8:00 (UTC). Please refer to the table below for the processing fees for different products and the requirements for each VIP level.
For example: Tom's asset balance is 50,000 USDT (VIP 1 standard), spot trading volume in the last 30 days has reached 50,000,000 USDT (VIP 3 standard), and futures trading volume in the last 30 days has reached 25,000,000 USDT (VIP 2 standard). Tom will be upgraded to VIP 3. His trading fees will change correspondently to the VIP 3 rate.
30d Volume (USDT)
And / Or
Maker Fee Rate
Taker Fee Rate
30-day Trading Volume (USDT)
We calculate the total 30-day volume of all your futures trades and spot trades. The calculation is reset at 16:00 (UTC) everyday.
Everyday, we take a snapshot of users' crypto assets at 16:00 (UTC). Snapshot covers the balance of all your assets, including Funding Account, Futures Account, Spot Account, Copy Trading Account, and Earn Account. Trail funds are not calculated as your assets.
Makers and Takers
Maker order is a limit order which goes into the order book before filling. For example, if the current BTC lowest ask price is 1,000 USDT and you create a maker order with a bid price 999 USDT, this order cannot be filled immediately. Then it will enter into the order book until someone fills in it. Once filled, you're required to pay the maker fee and the taker will pay the taker fee. You need to pay the taker fee when your limit ask order is traded successfully.