What are the fees for trading cryptocurrencies on Coinmate?
Faircloth ChristoffersenDec 27, 2021 · 3 years ago3 answers
Can you provide details about the fees associated with trading cryptocurrencies on Coinmate? I am interested in knowing the fees for both market makers and market takers, as well as any other fees that may be applicable.
3 answers
- Dec 27, 2021 · 3 years agoSure! When it comes to trading cryptocurrencies on Coinmate, there are fees involved for both market makers and market takers. Market makers, who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders, are charged a fee of 0.1% per trade. On the other hand, market takers, who place orders that are immediately matched with existing orders, are charged a fee of 0.2% per trade. These fees are subject to change, so it's always a good idea to check the Coinmate website for the most up-to-date information.
- Dec 27, 2021 · 3 years agoTrading cryptocurrencies on Coinmate comes with fees that vary depending on whether you are a market maker or a market taker. Market makers, who add liquidity to the market by placing limit orders, are charged a fee of 0.1% per trade. Market takers, who remove liquidity from the market by placing market orders, are charged a fee of 0.2% per trade. Additionally, Coinmate may have other fees such as deposit and withdrawal fees, which you should be aware of. It's recommended to visit the Coinmate website or contact their customer support for the latest fee information.
- Dec 27, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on Coinmate, the fees are quite competitive. Market makers are charged a fee of 0.1% per trade, while market takers are charged a fee of 0.2% per trade. These fees are in line with industry standards and ensure a fair trading environment. However, it's worth noting that fees may vary depending on the specific cryptocurrency being traded. For the most accurate and up-to-date fee information, I recommend visiting the Coinmate website or reaching out to their customer support team.
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