Cash account
Posted by Olga P, Last modified by Olga P on 21 September 2018 07:54 AM

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Cash accounts are designed to perform exchange transactions on xBTCe Exchange Platform. You can deposit funds to a Cash account which will then be used as assets. An asset is a parameter used to determine the volume of fiat or cryptocurrency owned by the customer.

When you perform trade operations on xBTCe Exchange Platform, a physical exchange of one currency for another takes place, i.e. one asset is exchanged for another at the currently available exchange rate. All transactions are carried out in the following way: asset X is exchanged for asset Y at the exchange rate X/Y available in the terminal at the time of transaction. As the result, the values of balances expressed in assets X and Y in the customer’s Cash account change. The values of assets on Cash accounts are recalculated after each exchange transaction or a balance operation.

On Cash accounts, you can make exchange transactions and place pending orders. The full amount of asset intended for exchange is reserved to ensure a pending order execution.

Cash account
Commission Equity USD EQUIVALENT Trade volume
(volume of executed trades over the last 30 days)
<500,000 500,000 – 2,500,000 2,500,001 – 25,000,000 >25,000,000
<10,000 0.25% Taker / 0.15% Maker 0.25% Taker / 0.10% Maker 0.20% Taker / 0.10% Maker 0.1% Taker / 0.0% Maker
10,000 – 250,000 0.25% Taker / 0.10% Maker 0.25% Taker / 0.10% Maker 0.20% Taker / 0.10% Maker 0.1% Taker / 0.0% Maker
250,001 – 2,500,000 0.20% Taker / 0.10% Maker 0.20% Taker / 0.10% Maker 0.20% Taker / 0.10% Maker 0.1% Taker / 0.0% Maker
>2,500,001  0.1% Taker / 0.0% Maker  0.1% Taker / 0.0% Maker  0.1% Taker / 0.0% Maker 0.1% Taker / 0.0% Maker
Taker fee is charged for market, Stop, IOC Limit, and Limit orders with hidden volume.
Maker fee is charged for Limit orders (except IOC Limit and Limit with hidden volume).
Trading platform xBTCe Exchange Platform: Web terminalMobile terminal, and Desktop terminal
API trading available Yes: FIX, WebREST, WebSockets
Execution Exchange
Financial instruments Crypto pairs
Market depth 100 best Bid and Ask prices with available volumes
Minimum deposit None
Maximum balance Not limited
Trading time 24/7
Contract specifications

See also

How to open a Cash account

FAQ: Trading Terms for Cash accounts

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