Cryptocurrency deposit/withdrawal fees
There is no cryptocurrency deposit fee.
The withdrawal fee is taken in the withdrawal currency, the amount of this fee is set in the blockchain currency and converted into the withdrawal currency (as well as in KickToken) at the current rate when you go to the "Withdrawal" page before entering the transfer amount.
The user can choose how to pay this fee: in the withdrawal currency or in KickToken from the ecosystem account.
Ecosystem account
All ecosystem products will use KickTokens for various operations. For this purpose, a special expense account (or ecosystem account) has been created, which can be deposited with KickToken (KICK). The withdrawal of KickToken from this account is impossible. This account is used exclusively for paying Kick Ecosystem services commissions.
All the referral KickToken, received using ratings and the referral program, will be credited to this account on KickEX exchange. These tokens will then be used to pay fees, which are charged when withdrawing funds received from the referral network. The size of the commission will be up to 10% of the withdrawal amount in KICK tokens.
Trading fees and discounts
The basic trading fee is: maker 0.30%, taker 0.40%.
The fees can be reduced:
- for the trading volume in the past 30 days (discount up to 30%);
- for the number of KickTokens on the balance (discount up to 20%);
- for the number of KEX tokens on the balance (discount up to 20%);
- for paying the trading fee using KickTokens (up to 30% discount depending on the amount of KickToken on the ecosystem account).
When you enable fee payment with KickTokens, up to 50% of the commission can be paid using KickTokens, and an additional discount (depending on the amount of KickToken on the ecosystem account) applies only to the part of the commission paid in KickToken. New discounts are calculated and become available on the next day. Until this moment, old discounts will apply.
Discount for the trading volume
The discount is calculated depending on the trading volume in USDT equivalent for the past 30 days.
To calculate the trading volume per day, trading volumes in the quote currencies, for each hour during the day, are converted into USDT (the equivalent in USDT is calculated depending on the exchange rate at the beginning of the current hour) and summed up.
|
Trading volume for 30 days (USDT) |
Discount |
|
< 100,000 |
0% |
|
≥ 100,000 |
3% |
|
≥ 500,000 |
5% |
|
≥ 1,000,000 |
8% |
|
≥ 2,000,000 |
10% |
|
≥ 10,000,000 |
15% |
|
≥ 20,000,000 |
20% |
|
≥ 50,000,000 |
25% |
|
≥ 100,000,000 |
30% |
Discount for the number of KickToken on the balance
This discount is calculated depending on the minimum number of KickToken on the balance (funds on the ecosystem account are not taken in consideration) in USDT equivalent over the past 24 hours (incoming and hourly balances).
|
Number of KickToken on the balance (in USDT) |
Discount |
|
< 250 |
0% |
|
≥ 250 |
1% |
|
≥ 500 |
2% |
|
≥ 1,000 |
3% |
|
≥ 5,000 |
5% |
|
≥ 10,000 |
7% |
|
≥ 20,000 |
10% |
|
≥ 50,000 |
15% |
|
≥ 100,000 |
20% |
Discount for the number of KEX tokens on the balance
This discount is calculated depending on the minimum number of KEX tokens on the balance, in USDT equivalent, during the past day (incoming and hourly balances).
|
Number of KEX on the balance (in USDT) |
Discount |
|
< 250 |
0% |
|
≥ 250 |
1% |
|
≥ 500 |
2% |
|
≥ 1,000 |
3% |
|
≥ 5,000 |
5% |
|
≥ 10,000 |
7% |
|
≥ 20,000 |
10% |
|
≥ 50,000 |
15% |
|
≥ 100,000 |
20% |
Discount for the number of KickToken on the ecosystem account and fee payment from this account
This discount applies only to the part of the commission which is paid in KickToken and is summed up with the general discount.
The discount is calculated depending on the minimum number of KickToken on the ecosystem account, in USDT equivalent, during the past day (incoming and hourly balances).
The fee can be paid in KickToken from the ecosystem account. This option is enabled by default and can be disabled in the settings. If there aren't enough KickToken to pay 50% of the commission, then the remaining amount of KickToken can be used, and the remaining commission will be paid in the quote currency.
|
The number of KICK on the ecosystem account (in USDT) |
Discount |
|
0 |
0% |
|
> 0 |
1% |
|
≥ 500 |
5% |
|
≥ 1,000 |
7% |
|
≥ 2,000 |
10% |
|
≥ 3,000 |
15% |
|
≥ 5,000 |
20% |
|
≥ 10,000 |
25% |
|
≥ 25,000 |
30% |
Example:
Your trading volume over the past 30 days, in USDT equivalent, is estimated at 2,000,000. You have 250 USDT equivalents in KickToken on your balance, so as 5,000 USDT equivalent in KEX tokens and 1,000 USDT equivalents in KickToken on your ecosystem account.
If you have disabled the option of paying fees with KickToken, then your discount will be 16% (10% + 1% + 5%).
If the option of paying fees with KickToken is enabled, then your discount will be:
- 16% (10% + 1% + 5%) for part of the fee which is not paid in KickToken,
- 23% (16% + 7%) for a part of the fee paid in KickToken.
Cryptocurrency withdrawal fees
The withdrawal fee is taken in the withdrawal currency, and the minimum amount is equivalent to 1.5 USDT.
|
Currency |
Withdrawal fee |
|
KICK |
100,000 KICK |
|
KEX |
0.01 ETH |
|
USDT (Omni) |
5 USDT |
|
USDT (ERC-20) |
1.5 USDT |
|
USDT (TRC-20) |
1.5 USDT |
|
BTC |
0.0005 BTC |
|
ETH |
0.01 ETH |
|
XRP |
7.5 XRP |
|
BCH |
0.005 BCH |
|
TRX |
100 TRX |
|
PAX |
1.5 PAX |