# What Are Bexplus Fees?

How a Service Fee is Calculated?

Bexplus only accepts BTC deposit and withdrawal. Users can invest in all trading pairs that are provided in the platform, but the Margin Used, Profit and Loss, Service Fee will be calculated in BTC. Bexplus will charge a service fee in every transaction. Below is the service rate for different trading pairs.

Only when opening a position and closing a position, the service fee will be charged according to the purchased contract value(in BTC) and paris, and it will be deducted from the balance in real-time. It will not be calculated into the floating profit. You can view the details in the transaction history. It is calculated based on contract value (transaction volume).

Calculation example 1 for BTC/USDT:

Take BTC worth \$5,000 as an example, a trader opened a buy contract worth 10 BTC and the margin used was 0.1 BTC with 100x leverage. One hour later, when the BTC price reached \$5,200, the trader closed the position.

The trader’s earnings will be: Contract value*(Closing price-Opening price)=10*(5,200-5,000)=2,000

The current value of earnings in bitcoin: Earnings/Closing bitcoin price=2,000/5,200=0.38461538 BTC

Open position service fee: Contract value in BTC * 0.075% =10* 0.075%= 0.0075 BTC

Close position service fee: Contract value in BTC * 0.075% =10* 0.075%= 0.0075 BTC

Sum of service fees =0.075*2= 0.015 BTC

Calculation example 2 for ETH/USDT:

Take BTC worth 5,000 and ETH worth 350 as an example, a trader opened a buy contract worth 100 ETH and the margin used was 0.07 BTC with 100x leverage. One hour later, when the BTC price reached \$5,200 and the ETH price reached \$380.

The trader’s earnings will be: Contract value*(Closing price-Opening price)=100*(380-350)=3,000

The current value of earnings in bitcoin: Earnings/Closing bitcoin price=3,000 /5,200=0.576923077 BTC

Open position service fee: Contract value in BTC* 0.151% =[(350*100)/5,000]* 0.151%= 0.01057000 BTC

Close position service fee: Contract value in BTC* 0.151% =[(380*100)/5,200]* 0.151%= 0.01103462 BTC

Sum of service fees =0.01057000+0.01103462= 0.0216046 BTC

Notcie:

1. Margin used formula- [Current price of the pair*Contract value)/100 times]/BTC current price

Take ETH/USDT as an example:

A trader opened a buy contract worth 100 ETH when the BTC price reached \$5,000 and the ETH price reached \$350, thus the margin used was: (350*100/100)/5,000=0.07 BTC

2. Contract value (in BTC) formula- (Current price of the pair*volume)/BTC current price

For other fees, please check out the Fees & Rules.