Fokawa Spot Trading Limits and Rules
Understanding the spot trading limits and rules on Fokawa is essential for efficient trading. Here’s a detailed guide:
Trading Limits:Basic Account: Daily trading limit of $100,000.Verified Account: Daily trading limit of $500,000.Pro Account: Higher limits available upon request and further verification.Basic Account: Daily trading limit of $100,000.Verified Account: Daily trading limit of $500,000.Pro Account: Higher limits available upon request and further verification.
Order Limits:Minimum Order Size: The minimum order size varies by asset but is generally around $10.Maximum Order Size: Dependent on the liquidity and the specific asset being traded.Minimum Order Size: The minimum order size varies by asset but is generally around $10.Maximum Order Size: Dependent on the liquidity and the specific asset being traded.
Trading Fees:Maker Fees: 0.1% per trade.Taker Fees: 0.1% per trade.Discounts available for Fokawa token holders.
Trading Hours:Fokawa’s spot trading platform operates 24/7.
Order Types:Market Orders: Buy or sell at the best available price.Limit Orders: Buy or sell at a specified price or better.Stop-Limit Orders: Set a trigger price to place a buy or sell order once the price reaches a certain level.
Market Orders: Buy or sell at the best available price.
Limit Orders: Buy or sell at a specified price or better.
Stop-Limit Orders: Set a trigger price to place a buy or sell order once the price reaches a certain level.
Trading Limits:Basic Account: Daily trading limit of $100,000.Verified Account: Daily trading limit of $500,000.Pro Account: Higher limits available upon request and further verification.Basic Account: Daily trading limit of $100,000.Verified Account: Daily trading limit of $500,000.Pro Account: Higher limits available upon request and further verification.
Order Limits:Minimum Order Size: The minimum order size varies by asset but is generally around $10.Maximum Order Size: Dependent on the liquidity and the specific asset being traded.Minimum Order Size: The minimum order size varies by asset but is generally around $10.Maximum Order Size: Dependent on the liquidity and the specific asset being traded.
Trading Fees:Maker Fees: 0.1% per trade.Taker Fees: 0.1% per trade.Discounts available for Fokawa token holders.
Trading Hours:Fokawa’s spot trading platform operates 24/7.
Order Types:Market Orders: Buy or sell at the best available price.Limit Orders: Buy or sell at a specified price or better.Stop-Limit Orders: Set a trigger price to place a buy or sell order once the price reaches a certain level.
Market Orders: Buy or sell at the best available price.
Limit Orders: Buy or sell at a specified price or better.
Stop-Limit Orders: Set a trigger price to place a buy or sell order once the price reaches a certain level.
Updated on: 19/06/2024
Thank you!