The simulated trading on the OKX exchange does not charge real fees, but the system will simulate the fee calculation process. The specific features are as follows:
OKX is one of the three major exchanges globally, and registration offers a 20% reduction in trading fees!
OKX (overseas) registration link: https://www.okx.com/join/97763692
OKX/Binance/Huobi - Register/Download: http://18907.cc
Binance domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Fee Simulation Mechanism
The simulated account will display fee deductions according to real trading standards (e.g., limit orders 0.02%-0.15% / market orders 0.03%-0.05%)
All fees are deducted from virtual funds and do not affect real assets
Differences from Real Trading
Real trading uses a tiered fee rate (the larger the trading volume, the lower the rate)
Simulated trading cannot enjoy VIP rate discounts or BNB deductions and other real trading benefits
Functionality Integrity
Complete fee simulation supporting spot and contract trading
Contract simulation includes the funding rate settlement process (virtual settlement every 8 hours)
The simulated trading interface will be marked with a "DEMO" label, and all fee data is for educational purposes only.