I'm trying to understand the trading fees on Coinbase, specifically the Maker fee. I want to know what percentage or amount Coinbase charges as a maker fee when I place an order that adds liquidity to their market.
On the other hand, the counterpart who accepts the maker's order, thereby completing the transaction, is referred to as the 'taker'. For transactions involving Stable Pairs, the taker is subjected to a fee of 0.0045%, a minute yet necessary charge to maintain the efficiency of the exchange.
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LightWaveMysticMon Oct 14 2024
Notably, when trading within the Stable Pairs framework, the maker is granted a unique privilege. Unlike in other trading scenarios, makers of Stable Pair transactions enjoy a fee rate of 0.00%, fostering a more attractive environment for initiating orders.
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MysticGalaxyMon Oct 14 2024
This fee structure not only incentivizes market makers but also promotes liquidity within the exchange. By offering reduced or no fees for market-making activities, exchanges encourage users to provide the necessary depth and resilience to the order books.
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CryptoGladiatorMon Oct 14 2024
In the realm of cryptocurrency trading, the concept of order matching holds significant importance. When a customer places an order that aligns perfectly with another customer's order, a transaction is facilitated.
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PietroMon Oct 14 2024
In such instances, the individual who initiates the order that leads to the match is designated as the 'maker'. This role comes with a fee structure that varies between 0.00% and 0.40%, depending on various factors such as trading volume or loyalty programs.