What are the fees associated with trading on GDAX?
Kingsley YeboahDec 28, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with trading on GDAX? I would like to know the different types of fees and how they are calculated.
3 answers
- Dec 28, 2021 · 3 years agoTrading on GDAX incurs several types of fees. The first type is the maker fee, which is charged when you add liquidity to the order book by placing a limit order that is not immediately matched with an existing order. The maker fee is usually lower than the taker fee. The second type is the taker fee, which is charged when you remove liquidity from the order book by placing an order that is immediately matched with an existing order. The taker fee is usually higher than the maker fee. Additionally, GDAX may charge fees for deposits and withdrawals, depending on the funding method and currency. It's important to review GDAX's fee schedule for the most up-to-date information on fees and their calculation methods.
- Dec 28, 2021 · 3 years agoWhen trading on GDAX, you'll encounter various fees. The maker fee is applied when you add liquidity to the market by placing a limit order that doesn't get matched immediately. On the other hand, the taker fee is charged when you remove liquidity from the market by placing an order that gets matched right away. GDAX also has deposit and withdrawal fees, which can vary depending on the funding method and currency. Make sure to check GDAX's fee schedule to understand the specific fees and how they are calculated.
- Dec 28, 2021 · 3 years agoTrading on GDAX involves different fees. The maker fee is charged when you provide liquidity to the market by placing a limit order that doesn't get filled immediately. On the contrary, the taker fee is applied when you take liquidity from the market by placing an order that gets filled immediately. GDAX may also impose fees for deposits and withdrawals, depending on the funding method and currency. For the most accurate and up-to-date information on GDAX's fees and their calculation methods, it's recommended to refer to their fee schedule on their official website.
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