Could you please elaborate on the concept of option fees in the realm of
cryptocurrency options trading? I'm particularly curious about how these fees are calculated and what factors influence their determination. Are they similar to traditional options trading fees, or do they have unique considerations within the crypto sphere? Additionally, do option fees vary across different crypto exchanges and platforms? Understanding the intricacies of these fees would help me make more informed decisions when engaging in crypto options trades. Thank you for your insights.
5 answers
EthereumLegendGuard
Thu Jul 11 2024
This system incentivizes traders based on their contribution to the market's liquidity.
Dario
Thu Jul 11 2024
Makers, who provide liquidity by placing orders that are not immediately matched, enjoy lower fees.
Valentino
Thu Jul 11 2024
On the other hand, takers, who remove liquidity by immediately matching orders, are subject to higher fees.
IncheonBlues
Thu Jul 11 2024
At the starting point, taker fees are set at 0.03% for crypto options trades.
ZenHarmony
Thu Jul 11 2024
The pricing structure for crypto options trades at the exchange adheres to a maker/taker model.