You need to pay a trading fee for every successful trade on the Scallop Exchange Spot market.

How are trading fees calculated?


Trading fees are always charged in the asset you receive. For example, if you buy ETH/USDT, the fee is paid in ETH. 
If you sell ETH/USDT, the fee is paid in USDT.


For example:


You place an order to buy 10 ETH for 3,452.55 USDT each:
Trading fee = 10 ETH * 0.1% = 0.01 ETH
Or you place an order to sell 10 ETH for 3,452.55 USDT each:
Trading fee = (10 ETH * 3,452.55 USDT) * 0.1% = 34.5255 USDT

*Note: The above is just an example for reference, the charges will differ. You will be able to view the charges when you withdraw.