About CET Deduction
By holding CET and enabling the "CET Deduction" function, CET will be deducted to pay the trading fees (20% off) of all trading pairs (AMM and Futures markets excluded).
Take ETH/USDT trading pair as an example, when the order is executed, CoinEx will get the latest price of ETH/USDT and CET/USDT, and calculate the trading fees as follows:
Fees (CET) = Latest price of ETH/USDT / Latest price of CET/USDT * Taker/Maker fees * Discount
How to Use CET as Trading Fees on Spot Trading?
Method 1: Enable [CET Deduction] on the trading page before you place an order.
Method 2: Enable [Use CET as Fees] on the Preferences Settings page
Q1: How to calculate fees when trading CET?
A1: When trading CET, if [CET Deduction] is enabled, CET will also be deducted to pay the trading fees (20% off). Otherwise, the trading fees will be charged at the default rate.
Q2: I have enabled CET deduction, why are my trading fees not deducted from CET?
A2: (1) Insufficient CET balance: When your CET is insufficient, the trading fees will be charged by default. If you have enough CET balance for a transaction, your trading fees will be converted to CET and deducted from your balance after calculating the discount.
(2) AMM Market: AMM market uses a different fee system, and CET deduction is not supported.
(3) Futures Market: "Use CET as Fees" is not available for Futures trading.