What is the 58coin swap contract fee?

58 COIN
1 min readAug 17, 2018

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In the 58COIN perpetual contract transaction, the Toke (single payer) fee is 0.06%, and the Maker (payer) fee is 0.03%.

Suppose you have a BTC worth 100,000 yuan to make a contract transaction, open 50 times leverage, the position value is 5 million yuan (100,000 * 50 times), assuming you are a token in the process, the fee is 3000 Yuan (5 million * 0.06%), assuming that you are a Maker in the process, the fee required to pay is 1,500 yuan, and the fees for the two cases account for 4% and 2% respectively.

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