Trading, deposit and withdrawal fees

On the Fees page, you can find detailed information about trading, deposit and withdrawal fees.

In this article we will review the functionality and available information on this page.

Trading fees

By selecting the Trading fees section, you can view information about fees for spot trading (taker - a participant who executes an existing order from the order book, and maker - a participant who places a new order in the order book that is not executed immediately).

Spot trading fees may vary for some pairs, but they never exceed the percentages specified in this section.

Please note that spot trading fees are charged when the order is executed. The fee amount depends on whether the taker or maker rate applies to the order upon execution.

The fee asset depends on the order type:

  • Buy Order: The fee is paid in the base asset (the asset you are buying).

Example: When buying WBT in the WBT/BTC market, the fee is charged in WBT.

  • Sell Order: The fee is paid in the quote asset (the asset you receive after selling).

Example: When selling WBT in the WBT/BTC market, the fee is charged in BTC.

Cryptocurrency

This section provides information on fees and minimum deposit and withdrawal limits for each cryptocurrency available on the exchange, in each supported network. Depositing cryptocurrency is usually free on our exchange, however there are rare exceptions (e.g. Hoge Finance).

If a network is not specified, it means the exchange only supports one network. You can check this by going to the Balances page (Main or General) and hovering over the chain icon next to the asset. You can also find this information in the Deposit and Withdrawal windows.

Stablecoins

In this section, you can view the fees and limits for stablecoin deposits and withdrawals.

A stablecoin is a cryptocurrency that has its value pegged to a reference asset, for example, USDT or USDC which are cryptocurrencies pegged to the US Dollar. 


Please pay attention to the Name column, as it specifies the network for deposits and withdrawals. 


The fee amount for the same stablecoin may vary depending on the network used.

The fees displayed in the Withdrawal window

It is also important to check the fees displayed in the Withdrawal window.

You will see in the withdrawal window, there's an "Include fee in amount" toggle. This option allows you to choose whether the recipient receives the specified amount or the net amount after the fee is deducted from your balance.

 • If the toggle is deactivated, the fee will be deducted from your balance.



 • If the toggle is activated, the fee will be deducted from the amount you enter in the "Amount" field.

Support

If you have any questions related to the functionality of our exchange, you can:

  • Leave a request on our website;
  • Write to the support email: support@whitebit.au;
  • Write to the chat using the button in the lower right corner of the screen.

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