# Trading Fee

## Concept

PNIX DEX is a platform that allows users to trade various tokens on different markets. The transaction fee system of PNIX DEX is designed with a simple and transparent structure.

## Components

* Trading fee: \
  When users execute a trade, PNIX DEX charges a certain fee for that transaction. These fees are typically levied on the user conducting the trade and are separately applied for each buy and sell order. ☞ You can find the currently applied fee policy by[ clicking the provided link](/decentralized-exchange/step-by-step-user-guide/portfolio/trading-fee-by-market.md).
* Trading Volume: \
  Users with higher trading volumes, which earn them more mileage, can benefit from preferential trading fees on PNIX DEX when buying Fee Pass using their mileage. Generally, traders who maintain substantial trading volumes receive lower fees throgh the Fee Pass.
* Fee Pass: \
  Fee Pass is a service that helps users save on transaction fees, similar to a digital voucher. Users can acquire Fee Pass for preferential transactions by using with mileage, which are automatically accumulated through Minting based on the user's digital asset transaction volume. When trading digital assets, users can enjoy preferential transaction fee benefits in various forms, depending on the type of Fee Pass they have purchased. This allows users to use PNIX DEX under more favorable conditions. Users can check the details of the Fee Pass they hold in their portfolio page.

## Trading Fee Structure by Market

WEMIX PLAY Market

| Category | Maker | Taker |
| -------- | ----- | ----- |
| General  | 0.4%  | 0.6%  |

MIR4 Market

| Category | Maker | Taker |
| -------- | ----- | ----- |
| General  | 4%    | 6%    |

NIGHT CROWS Market

| Category | Maker | Taker |
| -------- | ----- | ----- |
| General  | 4%    | 6%    |

##

## Fees by Trading Role

* Maker Fee: A maker is a trading participant who places an order on the market. By pre-registering orders, makers provide liquidity to the market until their orders are executed. At that point, they pay a low fee for the service.
* Taker Fee: A taker is a trading participant who directly executes an order on the market. Takers fulfill orders placed by makers and take advantage of the existing liquidity provided. Takers typically pay higher trading fees since they do not contribute liquidity to the market.
* Stop Maker Fee: A stop maker is a trading participant who places an order in the market when a certain price level is reached. These pre-order conditions are always active, resulting in higher commissions compared to regular makers.
* Stop Taker Fee: A stop taker is a trading participant who executes an order immediately when it reaches a certain price level. Pre-order conditions are always active, resulting in higher commissions compared to regular takers.

Through this fee structure, PNIX DEX offers a flexible and cost-effective trading environment to users, aiming to minimize transaction costs so that more users can utilize the exchange.


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