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TagsWhat are the fees associated with trading bitcoin on GDAX?
Rakesh VasanthavadaDec 25, 2021 · 3 years ago1 answersCan you please provide a detailed explanation of the fees associated with trading bitcoin on GDAX? I would like to know the different types of fees, how they are calculated, and if there are any additional charges or hidden costs.
1 answers
- Trading bitcoin on GDAX involves fees that you should be aware of. The maker fee and the taker fee are the main fees you need to consider. The maker fee is charged when you place a limit order that adds liquidity to the order book but doesn't get immediately matched. On the other hand, the taker fee is charged when you place a market order or a limit order that gets immediately matched. The fees are tiered based on your trading volume, meaning the more you trade, the lower your fees will be. It's important to note that GDAX may also charge additional fees for certain types of transactions, such as deposits or withdrawals. Make sure to check GDAX's fee schedule for the most accurate and up-to-date information.Dec 25, 2021 · 3 years ago
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