What factors contribute to my limit order incurring a fee on Coinbase Pro?

5 answers

• Akshay GuptaNov 03, 2023 · 2 years ago
  Sure! When it comes to limit orders on Coinbase Pro, there are a few factors that can contribute to incurring a fee. Firstly, Coinbase Pro has a fee structure that is based on your trading volume. The more you trade, the lower your fee rate becomes. So, if you have a lower trading volume, you may be charged a higher fee for your limit order. Additionally, Coinbase Pro charges a fee for market makers and takers. If you place a limit order that is immediately matched with an existing order in the order book, you will be considered a taker and may be charged a fee. On the other hand, if your limit order adds liquidity to the order book, you will be considered a market maker and may be eligible for a lower fee or even a rebate. It's important to note that the fee structure may vary depending on your account type and location, so it's always a good idea to check the Coinbase Pro website for the most up-to-date information.
  931

  466
• ellieeeistAug 31, 2021 · 4 years ago
  Well, when you place a limit order on Coinbase Pro, there are a few things that can result in a fee being incurred. One factor is the trading volume. Coinbase Pro has a tiered fee structure based on your trading volume. If you have a lower trading volume, you may be charged a higher fee for your limit order. Another factor is whether you are a market maker or a taker. If your limit order is immediately matched with an existing order, you will be considered a taker and may be charged a fee. However, if your limit order adds liquidity to the order book, you will be considered a market maker and may be eligible for a lower fee or even a rebate. Keep in mind that the fee structure may vary depending on your account type and location, so it's always a good idea to check the Coinbase Pro website for the most accurate information.
  835

  279
• Grace HamiltonDec 29, 2024 · 10 months ago
  Certainly! When it comes to limit orders on Coinbase Pro, there are a few factors that can contribute to incurring a fee. Firstly, Coinbase Pro has a fee structure that is based on your trading volume. The more you trade, the lower your fee rate becomes. So, if you have a lower trading volume, you may be charged a higher fee for your limit order. Additionally, Coinbase Pro charges a fee for market makers and takers. If you place a limit order that is immediately matched with an existing order in the order book, you will be considered a taker and may be charged a fee. On the other hand, if your limit order adds liquidity to the order book, you will be considered a market maker and may be eligible for a lower fee or even a rebate. It's important to note that the fee structure may vary depending on your account type and location, so it's always a good idea to check the Coinbase Pro website for the most up-to-date information.
  936

  234
• Love2learnDec 07, 2021 · 4 years ago
  When it comes to limit orders on Coinbase Pro, there are a few factors that can contribute to incurring a fee. Firstly, Coinbase Pro has a fee structure that is based on your trading volume. The more you trade, the lower your fee rate becomes. So, if you have a lower trading volume, you may be charged a higher fee for your limit order. Additionally, Coinbase Pro charges a fee for market makers and takers. If you place a limit order that is immediately matched with an existing order in the order book, you will be considered a taker and may be charged a fee. On the other hand, if your limit order adds liquidity to the order book, you will be considered a market maker and may be eligible for a lower fee or even a rebate. It's important to note that the fee structure may vary depending on your account type and location, so it's always a good idea to check the Coinbase Pro website for the most up-to-date information.
  925

  185
• fbuilkeJun 16, 2020 · 5 years ago
  BYDFi is a digital currency exchange that offers a different fee structure compared to Coinbase Pro. On BYDFi, the fee for limit orders is determined by your account tier. The higher your account tier, the lower your fee rate. Additionally, BYDFi offers a fee rebate for market makers, which means if your limit order adds liquidity to the order book, you may be eligible for a rebate. However, if your limit order is immediately matched with an existing order, you will be considered a taker and may be charged a fee. It's important to note that the fee structure may vary depending on your account type and location, so it's always a good idea to check the BYDFi website for the most up-to-date information.
  709

  119