Cryptocurrency Q&A
Do I pay both maker and taker fee?
Do I pay both maker and taker fee?
Sara
Thu Sep 05 2024
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6 answers
1154
I'm curious about the fees associated with cryptocurrency trading. Can you clarify if I need to pay both a Maker fee and a taker fee when engaging in trades? It seems like there's a lot of terminology surrounding this, and I want to ensure I have a clear understanding of the costs involved. Would the specific exchange I'm using determine whether I'm subject to both fees, or is this a standard across the industry? Any insight you can provide would be greatly appreciated.
6 answers
CryptoTamer
Sat Sep 07 2024
Conversely, traders who execute market orders that consume this liquidity are subject to taker fees.
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BitcoinBaroness
Sat Sep 07 2024
BTCC, a premier cryptocurrency exchange, offers a comprehensive suite of services that cater to diverse trading needs.
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SamuraiSoul
Sat Sep 07 2024
It's noteworthy that an order can occasionally possess dual characteristics, acting both as a Maker and a taker.
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Silvia
Sat Sep 07 2024
In such instances, the fee structure is tailored to reflect this dual role, combining elements of both maker and taker fees.
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HanbokGlamour
Sat Sep 07 2024
This approach ensures fairness in fee allocation, recognizing the nuanced nature of trading activities.
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