How Much Are SCEX Trading Fees? Full Breakdown of Rates and Fee Structure for Vietnam’s Pilot Crypto Exchange

As Vietnam accelerates its digital asset regulatory pilot, SCEX (Sacom Cryptocurrency Exchange JSC, formerly LPEX)—one of the primary platforms passing the Ministry of Finance’s (MoF) first-round preliminary qualification—has drawn significant focus regarding its trading costs and fee model.

For investors preparing to trade within Vietnam’s compliant crypto ecosystem, understanding SCEX’s fee structure, fiat deposit/withdrawal costs, and overall market competitiveness is essential.

SCEX Spot Trading Fee Structure

Operating as a licensed domestic pilot platform, SCEX adopts an international Maker-Taker tiered fee model designed to encourage order book liquidity:

Fee Category Standard Rate Details & Typical Use Case
Base Maker Fee ~0.05% – 0.10% Applies to traders providing liquidity via limit orders.
Base Taker Fee ~0.10% – 0.15% Applies to traders taking liquidity via market orders or immediate-fill limit orders.
VIP Tier Discounts Down to 0.02% or lower Scaled dynamically based on a user’s 30-day trading volume (denominated in VND).

Fiat Gateways and On-Chain Network Fees

Unlike offshore exchanges relying heavily on Peer-to-Peer (P2P) transfers, SCEX’s primary advantage lies in its direct Vietnamese Dong (VND) bank integrations:

  • VND Fiat Deposits (Free to ~0.05%):

    Through partnerships with domestic banking networks (including Sacombank and LPBank ecosystems), SCEX enables rapid bank transfers via NAPAS 24/7, keeping most standard VND deposits fee-free.

  • VND Fiat Withdrawals (Flat Per-Transaction Fee):

    When withdrawing funds to a local Vietnamese bank account, SCEX applies a fixed per-transaction service fee (typically ~10,000–15,000 VND), avoiding high percentage deductions on larger transfers.

  • On-Chain Crypto Network Fees:

    Crypto deposits are free. For on-chain withdrawals (e.g., BTC, ETH, USDT), the platform charges standard blockchain network gas fees alongside minimal clearing and custody costs.

Competitive Advantages of SCEX’s Fee Model

In the Southeast Asian crypto market, SCEX’s pricing structure reflects clear regulatory-first benefits:

  1. Lower Costs Than P2P Spreads

    Vietnamese retail traders traditionally face bid-ask spreads ranging from 0.5% to 1.5% on P2P fiat-to-stablecoin desks. By keeping base spot fees near 0.1% alongside direct VND clearing, SCEX significantly cuts hidden slippage costs.

  2. Standardized and Transparent Rates

    Under strict supervision by Vietnamese financial authorities, SCEX publishes all fee tiers transparently, preventing unexpected withdrawal charges or wide spreads common among unregulated regional platforms.

  3. Built-in Tax Compliance Mechanisms

    In line with Vietnam’s legal framework for digital assets—where individual sellers may be subject to a 0.1% transaction value tax—SCEX incorporates automated tax calculation and reporting tools to ensure seamless user compliance.

Summary

SCEX maintains a fee structure competitive with global exchanges while offering lower friction through direct local VND integrations. As Vietnam’s pilot licensing advances toward final approval, SCEX’s tiering is expected to expand, providing further fee discounts for high-volume and institutional traders.(Vietnam Crypto Exchange

Leave a Reply