OKB can offset trading fees, but many people don't realize it only applies to spot and contracts — not funding fees — and the deduction ratio isn't fixed; it depends on how much OKB you hold. Understand the scope and eligibility requirements before deciding to turn it on, otherwise you may think you're saving money, only to find your bill charged at the standard rate.
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Step 1: Confirm the scope of OKB fee deduction
Core objective: Clarify which trading scenarios OKB can cover and which it cannot.
Instructions: OKB deduction applies to opening and closing fees for spot trades, delivery contracts, and perpetual contracts. However, funding fees (the charge settled every 8 hours) do not qualify — they must be paid in USDT or other stablecoins.
Scenario A: You want to save on spot or contract trading fees → OKB deduction works, proceed.
Scenario B: You thought OKB could cover funding fees → Not applicable. Funding fees remain settled in stablecoins at the original rate, unaffected by OKB deductions or VIP tiers.
Completion criteria: You have confirmed that you plan to deduct trading fees, not funding fees or other charges.
Step 2: Check whether your OKB balance meets the deduction threshold
Core objective: Check your account's OKB balance to confirm it is enough to trigger the deduction feature.
Instructions: OKB deduction requires a minimum holding threshold. The system matches your deduction ratio based on your holdings.
Scenario A: OKB holdings above 500 tokens → Basic deduction kicks in. Generally, you can activate OKB discount from 500 tokens, with the exact ratio subject to the latest rules. Higher holdings bring larger discounts; above 10,000 tokens you may enjoy an even bigger discount or full taker fee waiver.
Scenario B: OKB holdings below 500 tokens → You likely cannot enjoy the OKB deduction. However, as a regular user without tokens, you can still lower your base fee by upgrading your VIP level.
Scenario C: OKB locked in Earn or staking products → Deduction only recognizes the available spot balance in your main account. If OKB is moved to an Earn account like Simple Earn or is locked, the deduction function will not work.
High-risk warning: Do not chase OKB at elevated prices just to save on fees. OKB's price fluctuates. If you buy near a peak to meet the 500-token threshold, the unrealized loss from a price drop could far exceed the fees you save. The premise of any discount is that OKB itself does not lose you money.
Step 3: Turn on the OKB deduction switch
Core objective: Enable the deduction function in your trading settings and verify it takes effect.
Instructions: The typical path is: [Me] → [Settings] → [Trading Settings], or directly from the [Trading Page] → [Settings] → find the "Use OKB to pay fees" switch and turn it on. On OKX, spot and contract deductions are usually set separately; you need to enable them in the corresponding trading interface.
Completion criteria: On the order confirmation page, you see the fee line shows that OKB deduction has been applied, or the fee after deduction is clearly displayed.
Verification after completing the operation
After placing a small trade, go to [Order History] and check the fee details of that order to confirm there is a record of OKB being deducted. If USDT or another stablecoin was charged, the deduction is not active.
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Troubleshooting follow-up steps
If the deduction is not working but the switch status is normal, first check whether the OKB balance is in your spot main account and not locked. If confirmed but it still doesn't deduct, contact OKX customer support with the order ID of your latest trade. Verification channel: OKX App [Assets] – [Bills] – [Fee deduction records].
