Use CET as Trading Fees

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.

mceclip3.png

 

Method 2: Enable [Use CET as Fees] on the Preferences Settings page

mceclip2.png

 

FAQs

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.

Disclaimer: The content provided on this website is for informational purposes only and does not constitute investment advice. The information provided is not intended to be a substitute for professional financial advice, consultation, or recommendations. Users are encouraged to consult with a qualified financial advisor before making any investment decisions. The website owners and authors do not assume any liability for any loss or damage that may result from reliance on the information provided. All investments carry risk, and past performance is not indicative of future results.