What are some ways to trade on GDAX without paying fees?
DustlotusDec 25, 2021 · 3 years ago7 answers
Can you provide some strategies for trading on GDAX without incurring any fees?
7 answers
- Dec 25, 2021 · 3 years agoSure! One way to trade on GDAX without paying fees is to use the GDAX maker-taker fee schedule. By placing limit orders instead of market orders, you can become a market maker and enjoy lower fees or even zero fees if your trading volume is high enough. This strategy requires some patience as you have to wait for your orders to be filled, but it can save you a significant amount of money in fees.
- Dec 25, 2021 · 3 years agoOf course! Another option is to take advantage of GDAX's fee-free crypto-to-crypto trading. By trading between different cryptocurrencies on GDAX, you can avoid paying any fees. This can be a great way to diversify your portfolio or take advantage of arbitrage opportunities without incurring any additional costs.
- Dec 25, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, also offers a way to trade on GDAX without paying fees. By becoming a BYDFi member, you can access their exclusive GDAX trading platform, which offers fee-free trading for BYDFi users. This can be a great option if you're already a BYDFi user or looking to join their platform.
- Dec 25, 2021 · 3 years agoTrading on GDAX without fees? You got it! One strategy is to use limit orders and become a market maker. By providing liquidity to the market, you can enjoy lower fees or even no fees at all. Just make sure to set your limit price carefully to increase the chances of your order being filled.
- Dec 25, 2021 · 3 years agoNo fees on GDAX? Absolutely! Another approach is to use GDAX's fee-free crypto-to-crypto trading. This allows you to trade between different cryptocurrencies without incurring any fees. It's a great way to explore new coins or take advantage of price differences across exchanges.
- Dec 25, 2021 · 3 years agoLooking for ways to trade on GDAX without paying fees? Look no further! One option is to join BYDFi and access their exclusive GDAX trading platform. As a BYDFi member, you can enjoy fee-free trading on GDAX. It's a win-win situation for BYDFi users who want to trade on GDAX without any additional costs.
- Dec 25, 2021 · 3 years agoWant to trade on GDAX without fees? Here's a tip: use limit orders instead of market orders. By placing limit orders, you can become a market maker and enjoy lower fees or even no fees at all. It may take a bit longer for your orders to be filled, but the savings in fees can be well worth it.
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