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How does GDAX calculate maker and taker fees?

avatarMoreno GlerupJan 13, 2022 · 3 years ago1 answers

Can you explain how GDAX calculates maker and taker fees? I'm interested in understanding the specific algorithm they use and how it affects trading fees on the platform.

How does GDAX calculate maker and taker fees?
GDAX
Maker Fees
Taker Fees

1 answers

  • avatarJan 13, 2022 · 3 years ago
    At BYDFi, we have a similar fee structure to GDAX. We calculate maker and taker fees based on trading volume and liquidity. Our goal is to encourage market liquidity and provide a fair and transparent fee structure for our users. Like GDAX, we offer a tiered fee system where higher trading volumes result in lower fees. This incentivizes traders to actively participate in the market and rewards them for their contribution to liquidity. Our fee calculation algorithm is designed to create a vibrant and efficient trading environment for our users.

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