Taker and maker model based trading fees* are determined by two factors:

1. Whether you are a market maker or market taker

2. Your total trading volume over the past 30 days

Trading volume is calculated across all trading pairs and expressed in USD, based on the exchange rate at the time of the trade.

*In the Qovex Pro app and web platform

How do I qualify for the 0% trading fee tier?

Trading volumes of up to USD 1,000 (or equivalent) over a 30-day trailing period will qualify for zero trading fees. This means that if you've traded more than USD 1,000 over the past 30 days, the fee for the next tier would apply. Both market makers and market takers qualify for this fee tier.

When does the 30-day trailing period begin for the 0% trading fee tier?

The 30-day trailing period for all tiers, including the 0% trading fee tier, begins as of August 18th, 2022 when the new pricing takes effect. For instance, if you make a trade on August 18th, 2022, your total trading volume for the previous 30 days will be taken into account (from July 19th to August 18th).

How is trading volume calculated?

Trading volume is calculated across all trading pairs and expressed in USD, based on the exchange rate at the time of the trade.

What’s the difference between a maker and taker?

The Qovex exchange is made up of two types of traders – market makers and market takers. A market maker provides liquidity to the platform, by creating orders which go into the order book. Conversely, a market taker takes liquidity from the platform i.e. their buy and sell trades are executed immediately.

Does 0% trading fee apply to all pairs?

Yes, it applies to all pairs on Qovex.**

** In the Qovex Pro app and web platform

Are there any exceptions in regard to the countries / territories that the pricing model applies to?

There are no exceptions.