What are the fees for selling digital currencies on GDAX?
Muhammad Hussnain BhattiDec 18, 2021 · 3 years ago3 answers
Can you provide details on the fees charged for selling digital currencies on GDAX?
3 answers
- Dec 18, 2021 · 3 years agoWhen selling digital currencies on GDAX, there are fees involved. The fees vary depending on the type of transaction and the volume of the trade. Generally, GDAX charges a maker fee and a taker fee. The maker fee is applied when you place an order that is not immediately matched with an existing order on the order book. The taker fee is applied when you place an order that is immediately matched with an existing order. The fee structure is designed to incentivize liquidity providers (makers) and ensure fair pricing for all traders. It's important to review GDAX's fee schedule for the most up-to-date information on fees.
- Dec 18, 2021 · 3 years agoSelling digital currencies on GDAX comes with fees. These fees are determined by the type of transaction and the trade volume. GDAX charges a maker fee and a taker fee. The maker fee is applicable when you place an order that adds liquidity to the market by not being immediately matched with an existing order. The taker fee is applicable when you place an order that removes liquidity from the market by being immediately matched with an existing order. The fee structure aims to encourage market liquidity and provide a fair trading environment. For specific fee rates, it's recommended to refer to GDAX's fee schedule.
- Dec 18, 2021 · 3 years agoWhen you sell digital currencies on GDAX, you'll encounter fees. The fees are based on the type of transaction and the trade volume. GDAX applies a maker fee and a taker fee. The maker fee is charged when you place an order that adds liquidity to the market. In contrast, the taker fee is charged when you place an order that takes liquidity from the market. These fees are designed to encourage market participation and maintain a balanced trading ecosystem. To get the exact fee rates, it's advisable to consult GDAX's fee schedule.
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