Use CET as Transaction Fees

CoinEx is excited to announce our new feature as well as the promotion  - “Use CET as Transaction Fees & Pay 50% Less”, released on June 25th, 2018.

How are transaction fees calculated into CET?

Take A/BCH trading pair, for example, CoinEx will take the real-time A/BCH and CET/BCH prices at the time of the transaction as follows:

Fees (CET) = (real-time price of A/BCH) / (real-time price of CET/BCH) * Taker/Maker fees * Discount

How many CET do I need to activate this feature?

“Use CET as Transaction Fees” can be enabled when you place an order or in account settings. 

As long as there are enough CET in your balance for a single transaction, your transaction fees will be systematically calculated into CET and used with certain discount.

How to disable “Use CET as Transaction Fees”?

After signing in, you can disable or re-enable the feature “Use CET as Transaction Fees” in “Basic info” - “Account”. 

How to calculate fees when trading CET?

When trading CET, if you have enabled “Use CET as Transaction Fees”, your fees in CET will be calculated against the promotional discount; Otherwise, your transaction fees will be charged with default rate.

What if I don't have enough CET for fee deduction?

If your CET is insufficient to cover fees, the transaction fees will be charged and calculated with default coin type and fee rate.