Introduction

This article explains how Spot Trading fees work on Coinlocally, including Maker and Taker fees, how fees are calculated, and examples to help you understand the process clearly.

Spot Trading Fees

Coinlocally Spot Trading fees start at:

Fees are always charged in the asset you receive.

Maker vs Taker

• Maker: Your order adds liquidity to the order book (e.g., a limit order that does not execute immediately).
• Taker: Your order removes liquidity by executing immediately (e.g., market order or limit order that matches instantly).

Fee Formula

Trading Fee = Filled Order Quantity × Trading Fee Rate

Example

• BTC price = 40,000 USDT
• Trader A buys 0.5 BTC using a Market Order
• • Taker Fee = 0.5 × 0.1% = 0.0005 BTC
• Trader B sells 0.5 BTC using a Limit Order
• • Maker Fee = 20,000 × 0.1% = 20 USDT

Additional notes

• Fees apply only to the filled portion of an order.
• No fees are charged for canceled or unfilled orders.
• The fee currency depends on the asset you receive.

Common Issues

• Limit orders that execute immediately are charged Taker fees.
• Traders may confuse fee currency with the asset they used to place the order.
• Market volatility may cause partial fills, affecting fee amounts.

feeling lost?

If you're unsure how your fee was calculated, our support team is available 24/7 to help you review your trade details.

Updated on: 01/13/2026