What are the contract trading fees?
Payment Time
When your position is partially or fully executed, the platform will charge relevant fees.
Fee Rate
How to check contract trading fees on the App:
Fees are divided into Maker and Taker based on order type, with different fee rates. You can click the three dots in the top right corner of the contract 【Trade】 page to go to the Fee Center, then click 【Contract】 to view the detailed fee structure for contract fees.
How to check contract trading fees on the Web:
- Click 【More】 at the top of the webpage - 【Fee Center】
- Click 【Contract】 - 【Trading Fees】 to view digital currency contract trading fees
Maker & Taker
Maker: Provides market liquidity. If your order is not immediately executed, it will remain in the order book, commonly seen with limit orders. In this case, you are acting as a Maker. Makers provide liquidity to the market.
Taker: Orders that remove market liquidity. If your order is immediately executed, such as a market order, then you are a Taker. These orders remove liquidity from the order book.
Fee Calculation
Currently, BiyaPay only supports U-margined contracts.
U-margined contract fee = Notional value × Fee rate
Notional value = Contract quantity × Trading price
In this way, fees will be calculated differently based on your order execution method and market liquidity conditions.
Contact Us
BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
BIYA GLOBAL LIMITED is a registered Financial Service Provider (FSP) in New Zealand, with registration number FSP1007221, and is also a registered member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme in New Zealand.