TCEX Exchange Launches First-Year Zero Trading Fee Promotional Policy
The TCEX exchange has officially launched a “First-Year Zero Trading Fee” promotional policy. As a compliant crypto exchange entering the market, this represents one of its core competitive strategies to quickly capture market liquidity and expand its user ecosystem.
I. Key Highlights and Policy Mechanisms
1. Scope of Zero-Fee Coverage
Applicable Trading Pairs: Applies to all Mainboard trading pairs on the platform, including direct Vietnamese Dong (VND) fiat trading pairs (e.g., BTC/VND, ETH/VND) as well as USDT trading pairs.
Role Requirements: Covers both Makers and Takers, fully waiving all trading fees across the board.
2. Duration and Eligibility
Effective Period: Valid for 12 months (the first year) starting from the account opening date, applicable once the user registers and completes Know Your Customer (KYC) identity verification.
Zero Threshold: No minimum trading volume required, no mandate to hold platform native tokens, and no VIP tier restrictions—offering a completely frictionless user experience.
II. Market Drivers Behind the Strategy
1. Connecting Traditional Finance Users and Lowering Onboarding Barriers
Backing by Techcombank and TCBS (Techcom Securities)—the latter having successfully pioneered a “Zero Fee” commission structure in the traditional securities market—allows TCEX to replicate this proven playbook in the crypto asset space. The primary goal is to seamlessly migrate and channel Techcombank and TCBS’s massive retail and institutional client base into the Web3 ecosystem.
2. Accelerating Liquidity Bootstrapping and Order Book Depth
Newly launched exchanges often suffer from wide bid-ask spreads and insufficient liquidity. The zero-fee policy acts as a strong incentive for high-frequency traders, quantitative teams, and retail investors to actively place orders and match trades, enabling the exchange to rapidly build deep order books.
3. Establishing First-Mover Compliance Barriers Against Competitors
During the Vietnamese government’s regulatory sandbox pilot, combining regulatory compliance credentials with a first-year zero-fee incentive enables TCEX to secure high-retention local users early on. This strategy bolsters brand recognition and establishes a strong competitive advantage over non-registered offshore exchanges.
III. Actual Cost Savings for Investors and Users
Cost Savings Example:
On traditional or major crypto exchanges, standard spot trading typically incurs a baseline two-way transaction fee ranging from 0.1% to 0.2%.
If an investor trades 100 million VND (approx. $4,000 USD) per month on TCEX:
Standard Exchange: Annual trading fee expenses would total approximately 2.4 million to 4.8 million VND.
Vietnam crypto exchange TCEX (First Year): Trading fees are reduced directly to 0 VND, significantly optimizing capital efficiency and net investment returns.
IV. Risk Warnings & Important Considerations
Non-Trading Fees (e.g., Withdrawal & Deposit Fees): The fee waiver applies specifically to spot/futures trading matching fees. On-chain withdrawals (Gas fees) or fiat processing channels may still incur standard network or bank processing fees.
Tiered Fee Structure Post-Promotion: After the first year ends, the platform will typically transition to a tiered fee structure based on 30-day trading volume or VIP levels. Users are advised to stay tuned for official policy updates.