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What are the fees associated with trading on Linko Exchange?

avatarChristian OrtelliDec 28, 2021 · 3 years ago3 answers

Can you provide more details about the fees charged for trading on Linko Exchange? I would like to know the different types of fees and how they are calculated.

What are the fees associated with trading on Linko Exchange?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Trading on Linko Exchange incurs several types of fees. Firstly, there is a 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 typically lower than the taker fee. Secondly, there is a 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, there may be withdrawal fees for transferring your funds from the exchange to your personal wallet. These fees can vary depending on the cryptocurrency you are withdrawing. It's important to note that the fee structure may be subject to change, so it's always a good idea to check the latest fee schedule on the Linko Exchange website.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to trading on Linko Exchange, you'll encounter a few different fees. The first one is the maker fee, which is charged when you create liquidity in the market by placing a limit order that doesn't get matched immediately. The maker fee is usually lower than the taker fee. On the other hand, the taker fee is charged when you remove liquidity from the market by placing an order that gets matched immediately. The taker fee is typically higher than the maker fee. Additionally, there might be withdrawal fees for transferring your funds out of the exchange. These fees can vary depending on the cryptocurrency you're withdrawing. It's important to keep in mind that fee structures can change over time, so it's always a good idea to stay updated with the latest fee schedule on Linko Exchange's website.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand that trading fees can be a concern for many users. When it comes to trading on Linko Exchange, you can expect to encounter a few different fees. The maker fee is charged when you add liquidity to the market by placing a limit order that doesn't get matched immediately. The taker fee, on the other hand, is charged when you remove liquidity from the market by placing an order that gets matched immediately. It's important to note that the fee structure may vary depending on the cryptocurrency you're trading. Additionally, there may be withdrawal fees for transferring your funds out of the exchange. These fees can vary depending on the cryptocurrency you're withdrawing. To get the most accurate and up-to-date information about the fees associated with trading on Linko Exchange, I recommend visiting their official website or contacting their customer support.