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What are the fees associated with trading on Coinbene?

avatarheyDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with trading on Coinbene? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.

What are the fees associated with trading on Coinbene?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Trading on Coinbene incurs several types of fees. Firstly, there is a maker fee and a taker fee. The maker fee is charged when you add liquidity to the order book by placing a limit order that isn't immediately matched with an existing order. The taker fee is charged when you remove liquidity from the order book by placing an order that is immediately matched with an existing order. The exact percentage for these fees depends on your trading volume. Additionally, Coinbene charges a withdrawal fee for transferring your funds out of the exchange. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. It's important to note that Coinbene may also have minimum withdrawal amounts for certain cryptocurrencies. As for discounts or promotions, Coinbene occasionally offers fee discounts or promotions for specific trading pairs or time periods. It's recommended to check their website or follow their official social media channels for any ongoing promotions.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to trading on Coinbene, you'll encounter various fees. These fees include maker fees, taker fees, and withdrawal fees. Maker fees are incurred when you place a limit order that adds liquidity to the order book. Taker fees, on the other hand, are charged when you place an order that removes liquidity from the order book. The specific percentage for these fees depends on your trading volume. As for withdrawal fees, they vary depending on the cryptocurrency you are withdrawing. Coinbene may also have minimum withdrawal amounts for certain cryptocurrencies. Keep in mind that Coinbene occasionally offers fee discounts or promotions, so it's worth checking their website or social media channels for any ongoing deals.
  • avatarDec 16, 2021 · 3 years ago
    Trading on Coinbene involves different fees, including maker fees, taker fees, and withdrawal fees. Maker fees are applied when you add liquidity to the order book by placing a limit order that doesn't get immediately matched. Taker fees, on the other hand, are charged when you remove liquidity from the order book by placing an order that gets immediately matched. The exact percentage for these fees depends on your trading volume. Additionally, Coinbene imposes withdrawal fees for transferring your funds out of the exchange. The withdrawal fee varies depending on the specific cryptocurrency you are withdrawing. It's important to note that Coinbene may have minimum withdrawal amounts for certain cryptocurrencies. As for discounts or promotions, Coinbene occasionally offers fee discounts or promotions for specific trading pairs or limited time periods. Make sure to check their website or official social media channels for any ongoing promotions.