KKcoin has been committed to aggregating global high-quality blockchain assets as well as providing a world-class trading platform.In order to thank you for your continued trust and support, KKcoin will roll out a brand new fee structure that is lower and potentially profitable for our users! Details are as follows:
Original – Standard fee structure
Taker：0.1%，Maker：0.1%
New fee structure
1、Based on the amount of KK tokens held in your account as at 08:00am daily Singapore Time, the respective transaction fees will be applied for the next 24 hour period（New users will be classified as level 1）；Details：
2、50% transaction fee discount is still applicable on top of respective transaction fees of different ranks (applicable for Token Trading only);
3、Negative Maker fees are reflected back to users;
4、KKcoin reserves the right to terminate or modify the above preferentials rates at any time;
5、Fees will be effective from the date of this announcement.
Maker: Makers place Limit Orders on the Order Book. These Limit Orders refer to orders that are submitted by Makers (at a specific price which may be higher or lower than market price) which are not immediately matched by another order on the other side of the trade, and hence are listed in the Order Book which creates liquidity for exchange.
Taker: Takers place an order at a specific price (or market price) that gets filled immediately by another order in the Order Book. The idea is that you are “taking” the price you want for your order.