Dear Users,
To further enhance the trading experience, BitTap will be adjusting the contract trading fee rates as follows:
Fee Adjustment Details:
| Role | Previous Fee Rate | New Fee Rate |
|---|---|---|
| Taker | 0.0005 (0.05%) | 0.0006 (0.06%) |
| Maker | 0.0003 (0.03%) | 0.0002 (0.02%) |
Contract Fee Calculation Formula:
Contract Fee = Position Value × Fee Rate
Position Value = Position Size × Contract Price
Note: Position size refers to the number of contracts or units.
Explanation: Maker vs. Taker:
Maker: The order is not executed immediately and enters the order book, contributing liquidity to the market.
Taker: The order is matched and executed immediately against an existing maker order, consuming market liquidity.
In general, maker fees are lower as an incentive for users to provide liquidity on the platform.
Thank you for your continued support of BitTap!
The BitTap Team
July 9, 2025