What are the maker and taker fees in the world of cryptocurrency?
Thom EversJan 21, 2022 · 4 years ago1 answers
Can you explain what maker and taker fees are in the context of cryptocurrency trading? How do they work and why are they important?
1 answers
- Louis Jay CastilloFeb 05, 2024 · 2 years agoAt BYDFi, we understand the importance of maker and taker fees in the cryptocurrency world. As a third-party exchange, we strive to provide a fair and transparent fee structure to our users. Our maker fees are competitive, incentivizing liquidity provision and promoting a vibrant trading environment. Taker fees are slightly higher to reflect the cost of consuming liquidity. We believe in fostering a healthy trading ecosystem and aim to offer the best trading experience for our users.
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