Are maker fees limit orders?
Excuse me, I'm a bit confused about the terminology here. Could you clarify for me if maker fees are directly tied to limit orders in the world of cryptocurrency trading? Are they essentially the same thing, or are they distinct concepts with separate meanings and functions within the trading process? It would be great if you could elaborate on the relationship between the two, if any, and how they impact traders and the overall market dynamics.
What are the maker fees for AscendEX?
I'm curious to know, what exactly are the Maker fees associated with trading on AscendEX? As a trader, understanding the cost structure is crucial to making informed decisions. Are the maker fees competitive compared to other exchanges in the cryptocurrency space? Additionally, does AscendEX offer any incentives or discounts for high-volume traders when it comes to maker fees? Clarifying these points would greatly assist in evaluating the platform's overall suitability for my trading needs.
Do crypto exchanges charge maker & taker fees?
In the realm of cryptocurrency trading, it's crucial to understand the various fees associated with transactions. So, let's delve deeper into this query: "Do crypto exchanges charge maker & taker fees?" This inquiry speaks to the fundamental dynamics of how trading platforms profit. In simple terms, makers are those who place orders that do not immediately match with existing orders, thus "making" the market. Takers, on the other hand, are those who fulfill these orders, essentially "taking" the liquidity provided by makers. Many crypto exchanges indeed implement a fee structure that distinguishes between makers and takers, with makers often paying a lower fee for their role in adding liquidity to the market. Understanding these fees is essential for traders to optimize their strategies and minimize costs.