Could you please elaborate on the maker taker fee structure for AscendEX? As a cryptocurrency enthusiast, I'm curious to know if there are any specific rates or discounts for
market makers and takers on this platform. Additionally, is there a fee schedule that outlines the different tiers and their corresponding rates? It would be greatly appreciated if you could provide some insight into how AscendEX's fee structure compares to other major cryptocurrency exchanges.
6 answers
noah_wright_author
Sat Sep 07 2024
Cryptocurrency trading platforms often implement a fee structure that favors
market makers and incentivizes liquidity.
Daniele
Sat Sep 07 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of traders.
CharmedVoyager
Sat Sep 07 2024
For instance, the maker fees, which are the charges incurred by traders who add liquidity to the market by placing buy or sell orders that do not immediately execute, can range from 0% to 0.2% on various platforms.
noah_harrison_philosopher
Sat Sep 07 2024
Its services encompass spot trading, which allows for the direct purchase and sale of cryptocurrencies at current market prices, as well as futures trading, which enables traders to speculate on the future price movements of cryptocurrencies.
Emanuele
Sat Sep 07 2024
In contrast, the taker fees, paid by traders who remove liquidity from the
market by matching an existing order and executing it immediately, tend to be slightly higher.