The BloFin Referral Code “q8okMe” may connect a new account to referral benefits, but trading costs determine how much value remains from a volume-based reward.
Standard Fee Rates
BloFin currently lists:
Maker: 0.02%
Taker: 0.06%
Maker Orders
Maker orders rest in the order book before execution.
Taker Orders
Taker orders execute immediately.
Market orders are taker orders.
Why the Difference Matters
At 100,000 USDT:
Maker fee:
20 USDT
Taker fee:
60 USDT
Difference:
40 USDT
What About Limit Orders?
A limit order is not automatically maker.
If it crosses the market and executes immediately, it can still incur the taker fee.
Bonus Strategy
Do not change execution style solely to qualify for promotional volume if it conflicts with your trading plan.
Final Verdict
Understanding execution costs may save more than blindly pursuing a higher reward tier.
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