How does GDAX charge fees for trading?

3 answers

• Dec 17, 2021 · 3 years ago
  GDAX charges fees for trading cryptocurrencies based on a tiered structure. The fees are calculated based on the trading volume over a 30-day period. The higher the trading volume, the lower the fees. The fee tiers range from 0.50% for the lowest volume traders to 0.10% for the highest volume traders. It's important to note that fees can vary depending on the specific cryptocurrency being traded. GDAX provides a detailed fee schedule on their website, which you can refer to for more information.
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• Dec 17, 2021 · 3 years ago
  GDAX has a fee structure that is designed to incentivize higher trading volumes. The fees are calculated based on a maker-taker model, where makers add liquidity to the order book and takers remove liquidity. Makers are charged lower fees compared to takers. The fee structure encourages market makers to provide liquidity to the market, which helps to improve overall trading conditions. GDAX also offers fee discounts for high-volume traders, further incentivizing increased trading activity.
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• Dec 17, 2021 · 3 years ago
  GDAX, as a leading cryptocurrency exchange, charges fees for trading to cover operational costs and ensure the smooth functioning of the platform. The fee structure is transparent and based on the trading volume of users. GDAX offers competitive fees compared to other exchanges in the market. It's important to consider the fees when trading cryptocurrencies, as they can impact the overall profitability of your trades. GDAX provides a fee calculator on their website, which allows users to estimate the fees for their specific trading activity.
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