How to calculate spot trading fees

On CoinW, the spot trading fees are: Taker: 0.1%, Maker: 0.1%. You can reduce your spot trading fees by upgrading your VIP level: https://www.coinw.com/en/my/vip

Spot Trading Fee Calculation Formula:
Fee = Trade Amount × Fee Rate

Example:
If a user places a buy order for 0.1 BTC in the BTC/USDT spot market, and the current market price is 90,000 USDT, then:
Fee = 0.1 BTC × 90,000 USDT × 0.1% = 9 USDT

Notes:

• Fees are only charged on executed (filled) orders.

• If an order is partially filled, the fee is calculated only on the executed portion.

• Unfilled orders do not incur any fee.