Cryptocurrency Q&A
What is the taker fee for HitBTC?
What is the taker fee for HitBTC?
EmilyJohnson
Wed Sep 04 2024
|
6 answers
1149
Could you please clarify what the taker fee is for trading on HitBTC? I'm interested in understanding the cost associated with executing trades on this platform, specifically the fee charged to takers. Is there a standard percentage or a sliding scale based on trading volume? Also, does HitBTC offer any discounts or promotions for frequent traders? Thank you for your assistance in clarifying this important aspect of trading on the platform.
6 answers
BusanBeautyBloomingStarShine
Fri Sep 06 2024
HitBTC, a popular cryptocurrency exchange platform, offers various transaction fees tailored to different account types. For Starter and General accounts, the trading fees are structured in a straightforward manner, ensuring users can easily calculate their costs.
Was this helpful?
178
84
CharmedVoyager
Fri Sep 06 2024
Specifically, the Maker Fee for Starter and General accounts on HitBTC is standardized at 0.1%. This fee applies to traders who place limit orders that are not immediately matched by a taker, contributing to the liquidity of the market.
Was this helpful?
210
91
Caterina
Fri Sep 06 2024
On the other hand, the Taker Fee for these account types is set at 0.25%. This fee is charged to traders who execute market orders or take existing limit orders, effectively removing liquidity from the market.
Was this helpful?
248
92
amelia_harrison_architect
Fri Sep 06 2024
It's important to note that these fees are subject to change based on the exchange's policies and market conditions. Therefore, traders are advised to regularly check the HitBTC website for the most up-to-date information.
Was this helpful?
119
83
Martino
Thu Sep 05 2024
Additionally, HitBTC may offer fee discounts or promotions for certain users or trading activities. Traders can take advantage of these opportunities to reduce their trading costs and increase their profitability.
Was this helpful?
329
86
Load 5 more related questions
