What are the differences between GDAX maker and taker fees?

3 answers

• Dec 26, 2021 · 3 years ago
  GDAX, which is now known as Coinbase Pro, implements a maker-taker fee model. As a maker, you provide liquidity to the order book by placing limit orders that are not immediately matched with existing orders. GDAX rewards makers by charging them lower fees compared to takers. Takers, on the other hand, remove liquidity from the order book by placing market orders or limit orders that are immediately matched. They are charged higher fees. This fee structure incentivizes market participants to add liquidity to the exchange, resulting in a more liquid market for everyone.
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• Dec 26, 2021 · 3 years ago
  GDAX maker fees are typically lower than taker fees. Makers are traders who add liquidity to the market by placing limit orders. By doing so, they provide opportunities for other traders to execute their orders. GDAX rewards makers with lower fees to encourage more liquidity in the market. Takers, on the other hand, are traders who remove liquidity from the market by placing market orders or limit orders that are immediately filled. They are charged higher fees as they take advantage of the liquidity provided by makers. Understanding the differences between maker and taker fees can help traders optimize their trading strategies on GDAX.
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• Dec 26, 2021 · 3 years ago
  GDAX, now known as Coinbase Pro, follows a maker-taker fee model. Makers, who add liquidity to the market, are charged lower fees compared to takers, who remove liquidity. This fee structure incentivizes traders to provide liquidity by placing limit orders, resulting in a more efficient market. By offering lower fees to makers, GDAX encourages participants to contribute to the order book and create a more vibrant trading environment. It's important to note that different exchanges may have different fee structures, so it's always a good idea to compare fees before choosing a platform for trading.
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