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Are there any fees associated with placing limit orders on Coinbase Pro?

avatarRocha NolanDec 18, 2021 · 3 years ago3 answers

I would like to know if there are any fees that I need to pay when placing limit orders on Coinbase Pro. Can you provide me with information on the fees associated with limit orders?

Are there any fees associated with placing limit orders on Coinbase Pro?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with placing limit orders on Coinbase Pro. When you place a limit order, you are charged a maker fee or a taker fee, depending on your trading activity. Maker fees are charged when you add liquidity to the order book by placing a limit order that is not immediately matched with an existing order. Taker fees are charged when you remove liquidity from the order book by placing a limit order that is immediately matched with an existing order. The fee structure is based on your 30-day trading volume and ranges from 0.04% to 0.50% for maker fees and from 0.10% to 0.50% for taker fees. You can find more detailed information about the fee structure on the Coinbase Pro website.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Coinbase Pro does charge fees for placing limit orders. The fees are based on whether you are a maker or a taker. If you are a maker, meaning you add liquidity to the market by placing a limit order that is not immediately matched, you will be charged a maker fee. If you are a taker, meaning you remove liquidity from the market by placing a limit order that is immediately matched, you will be charged a taker fee. The fee structure varies based on your trading volume and can range from 0.04% to 0.50% for maker fees and from 0.10% to 0.50% for taker fees. It's important to note that these fees are subject to change, so it's always a good idea to check the Coinbase Pro website for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with placing limit orders on Coinbase Pro. Coinbase Pro, a popular cryptocurrency exchange, charges fees for both makers and takers. Makers are traders who provide liquidity to the market by placing limit orders that are not immediately matched. Takers are traders who remove liquidity from the market by placing limit orders that are immediately matched. The fee structure is based on your trading volume and can range from 0.04% to 0.50% for makers and from 0.10% to 0.50% for takers. However, it's worth noting that BYDFi, another cryptocurrency exchange, offers a fee structure that is more competitive for limit orders. If you are looking for lower fees, you may want to consider using BYDFi for your limit orders.