Market Cap: $2.7373T 1.630%
Volume(24h): $74.7847B -14.730%
Fear & Greed Index:

18 - Extreme Fear

  • Market Cap: $2.7373T 1.630%
  • Volume(24h): $74.7847B -14.730%
  • Fear & Greed Index:
  • Market Cap: $2.7373T 1.630%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to calculate Crypto.com contract transaction fees

Crypto.com's contract transaction fees consist of maker fees for liquidity creation, taker fees for liquidity consumption, funding fees for holding profitable positions, and settlement fees for contract maturity.

Dec 06, 2024 at 06:06 pm

Calculating Crypto.com Contract Transaction Fees: A Comprehensive Guide

Crypto.com is a renowned cryptocurrency exchange that provides a diverse range of trading options, including contract trading. Understanding the fee structure associated with contract transactions is crucial for informed decision-making and maximizing profitability. This article will delve into the intricacies of Crypto.com contract transaction fees, providing a step-by-step guide to calculating these fees effectively.

Step 1: Identifying Fee Components

Crypto.com contract transaction fees consist of the following components:

  • Maker Fee: Charged to traders who create liquidity by placing orders that don't immediately match against existing orders on the exchange.
  • Taker Fee: Charged to traders who consume liquidity by matching existing orders on the exchange.
  • Funding Fee: Charged to traders holding futures contracts that are in profit.
  • Settlement Fee: Charged when a futures contract matures and is settled.

Step 2: Fee Structure

Crypto.com's contract transaction fee structure varies based on the type of contract being traded and the trading level of the user.

  • Maker Fee: Typically ranges from 0.001% to 0.020%.
  • Taker Fee: Usually slightly higher than the maker fee, ranging from 0.0015% to 0.040%.
  • Funding Fee: Varies depending on the underlying asset and market conditions.
  • Settlement Fee: Usually a small percentage of the contract's notional value.

Step 3: Calculating Maker Fees

Maker fees are calculated when an order is placed at a price that is not immediately matched against an existing order on the exchange. The fee is computed as a percentage of the order's notional value.

Formula:

Maker Fee = (Notional Value * Maker Fee Rate)

Step 4: Calculating Taker Fees

Taker fees are calculated when an order is placed at a price that immediately matches against an existing order on the exchange. The fee is deducted from the profit when the order is closed.

Formula:

Taker Fee = (Profit * Taker Fee Rate)

Step 5: Calculating Funding Fees

Funding fees are charged on a periodic basis to traders holding futures contracts that are in profit. The fee rate is determined by the underlying asset and market conditions and is usually positive for long positions and negative for short positions.

Formula:

Funding Fee = (Position Size * Funding Fee Rate * Time Held)

Step 6: Calculating Settlement Fees

Settlement fees are incurred when a futures contract matures and is settled. The fee is a small percentage of the contract's notional value and is typically billed to the trader who closed the contract.

Formula:

Settlement Fee = (Notional Value * Settlement Fee Rate)

Step 7: Tiered Fee Structure

Crypto.com employs a tiered fee structure based on the user's trading volume. Higher trading volume results in reduced fees. The following table outlines the fee tiers and their associated maker and taker fees:

TierMaker FeeTaker Fee
10.001% - 0.002%0.0015% - 0.003%
20.0009% - 0.0018%0.0014% - 0.0028%
30.0008% - 0.0016%0.0012% - 0.0024%
40.0007% - 0.0014%0.001% - 0.002%
50.0006% - 0.0012%0.0008% - 0.0016%
60.0005% - 0.001%0.0006% - 0.0012%
70.0004% - 0.0008%0.0005% - 0.001%

Step 8: Fee Reduction

Traders can reduce Crypto.com contract transaction fees by:

  • Increasing their trading volume to qualify for higher fee tiers.
  • Using CRO tokens to pay for fees, which offers up to 50% in fee discounts.
  • Participating in promotions and discounts offered by Crypto.com.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

What are the advantages of smart contracts?

What are the advantages of smart contracts?

Mar 14,2025 at 11:51pm

Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?

What are the application scenarios of smart contracts?

Mar 13,2025 at 03:26pm

Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the role of a smart contract in blockchain?

What is the role of a smart contract in blockchain?

Mar 15,2025 at 01:40pm

Key Points:Smart contracts automate the execution of agreements on a blockchain.They eliminate intermediaries and increase transparency and efficiency.Smart contracts enhance security through cryptographic hashing and immutability.Various types of smart contracts exist, catering to diverse applications.Risks associated with smart contracts include vulne...

What are the main features of a smart contract?

What are the main features of a smart contract?

Mar 13,2025 at 10:20pm

Key Points:Smart contracts automate the execution of agreements. Their core functionality relies on pre-defined conditions and cryptographic security.Immutability and transparency are key features, ensuring that once deployed, the contract's code cannot be altered without consensus (depending on the blockchain), and all transactions are viewable on the ...

How does a smart contract work?

How does a smart contract work?

Mar 13,2025 at 09:05pm

Key Points:Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.They operate on a blockchain, ensuring transparency, security, and immutability.Deployment involves writing code, compiling it, and deploying it to a blockchain network.Execution is triggered by pre-d...

What is the settlement method of DOGE contract?

What is the settlement method of DOGE contract?

Mar 14,2025 at 09:30am

Key Points:Dogecoin (DOGE) contract settlement methods primarily depend on the exchange or platform offering the contract.Perpetual contracts typically use a mark price for settlement, avoiding the need for physical delivery of DOGE.Delivery contracts require the actual delivery of DOGE at contract expiration.Understanding the specific settlement mechan...

What are the advantages of smart contracts?

What are the advantages of smart contracts?

Mar 14,2025 at 11:51pm

Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?

What are the application scenarios of smart contracts?

Mar 13,2025 at 03:26pm

Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the role of a smart contract in blockchain?

What is the role of a smart contract in blockchain?

Mar 15,2025 at 01:40pm

Key Points:Smart contracts automate the execution of agreements on a blockchain.They eliminate intermediaries and increase transparency and efficiency.Smart contracts enhance security through cryptographic hashing and immutability.Various types of smart contracts exist, catering to diverse applications.Risks associated with smart contracts include vulne...

What are the main features of a smart contract?

What are the main features of a smart contract?

Mar 13,2025 at 10:20pm

Key Points:Smart contracts automate the execution of agreements. Their core functionality relies on pre-defined conditions and cryptographic security.Immutability and transparency are key features, ensuring that once deployed, the contract's code cannot be altered without consensus (depending on the blockchain), and all transactions are viewable on the ...

How does a smart contract work?

How does a smart contract work?

Mar 13,2025 at 09:05pm

Key Points:Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.They operate on a blockchain, ensuring transparency, security, and immutability.Deployment involves writing code, compiling it, and deploying it to a blockchain network.Execution is triggered by pre-d...

What is the settlement method of DOGE contract?

What is the settlement method of DOGE contract?

Mar 14,2025 at 09:30am

Key Points:Dogecoin (DOGE) contract settlement methods primarily depend on the exchange or platform offering the contract.Perpetual contracts typically use a mark price for settlement, avoiding the need for physical delivery of DOGE.Delivery contracts require the actual delivery of DOGE at contract expiration.Understanding the specific settlement mechan...

See all articles

User not found or password invalid

Your input is correct