What is maker fee and taker fee?
Could you please elaborate on the distinction between maker fees and taker fees in the world of cryptocurrency trading? I'm interested in understanding how they differ and how they impact traders' overall costs when executing trades on exchanges. Additionally, is there a general rule of thumb for determining which fee is more favorable in different market conditions?
What is the Kucoin taker maker fee?
Could you please elaborate on the Kucoin taker Maker fee? I'm curious to understand how it works and what it entails for traders using the platform. Specifically, what is the difference between a taker and a maker in the context of Kucoin, and how does this affect the fees that traders are charged? Additionally, are there any discounts or promotions available for traders to reduce their taker maker fees on Kucoin?
How is taker fee calculated?
Excuse me, could you please explain in more detail how the taker fee is calculated in the cryptocurrency trading market? I understand that it's the fee charged to the trader who initiates a trade by placing an order that is matched with an existing order on the order book. But I'm curious about the specific formula or methodology used to determine this fee. Does it vary based on the trading platform, the cryptocurrency being traded, or other factors? And how does it compare to the Maker fee, which is charged to traders who place orders that add liquidity to the market? Thank you for your clarification.
What is the maker taker fee for AscendEX?
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.
What is the difference between maker fee and taker fee?
Excuse me, could you please clarify the distinction between Maker fees and taker fees in the world of cryptocurrency trading? I'm a bit confused about how these two concepts differ and how they impact traders' overall costs. Could you break it down simply for me, perhaps with an example or two? I'd really appreciate it if you could shed some light on this topic.