What is the Trading Fee Balance?
The Trading Fee Balance is a separate USDT balance on the Margin Trading that users may use to cover their trading fees.
How can I get funds on the Trading Fee Balance?
Funds on the Trading Fee Balance may be obtained for participation in Margin Trading activities. Stay tuned for announcements.
I have funds on the Trading Fee Balance. How can I use them?
The funds on the Trading Fee Balance can be used for partial coverage of your Margin Trading fees.
Here is a current list and amount of fees that Trading Fee Balance covers:
Open Fee - 100%
Rollover Fee - 100%
Close Fee - 100%
Liquidation Fee - 100%
Where can I find my Trading Fee Balance?
You can find the Trading Fee balance in the Open Positions section on the Trade page:
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You may also use the Reports page to check the Trading Fee Balance operations (Transactions tab) using the Account Type selector (choosing the Trading Fee account type).
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Moreover, when opening the position details, you may see the commission amounts charged from your trading account balance or Trading Fee Balance.
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How can the Trading Fee Balance be used?
Trading Fee Balance can be used to cover trade fees on Margin Trading. When an order is executed, the corresponding commission amount is charged from the Trading Fee Balance in the USDT equivalent.
If the amount on the Trading Fee Balance is not enough to fully cover the trade fees the maximum possible amount will be charged from the Trading Fee Balance, and the rest of the amount will be covered with the funds from the account balance.
Example: A user opens a position with a commission of 10 USD and the Trading Fee Balance is 8 USDT. The current USDT-USD exchange rate is 1.0002. As a result, 8 USDT will be charged from the Trading Fee Balance and the amount of 10 - 8*1.0002 (which is about 2 USD) will be charged from the trading account balance
What happens when the funds on my Trading Fee Balance run out?
When your Trading Fee Balance is fully utilized, trading fees will be charged as usual from the account balance.
Can I withdraw, move, or trade funds from the Trading Fee Balance?
No, funds on the Trading Fee Balance are unavailable for withdrawal or order execution. You can only use it to cover trading fee spending.