common-close-0
BYDFi
Trade wherever you are!

What are the trading fees associated with Bybitdex?

avatarmjj4884Dec 24, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the trading fees associated with Bybitdex? How are the fees calculated and what are the different fee tiers?

What are the trading fees associated with Bybitdex?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    Bybitdex, a popular cryptocurrency exchange, implements a tiered fee structure for trading fees. The fees are calculated based on the user's trading volume over the past 30 days. The more you trade, the lower your fees will be. Bybitdex charges a maker fee and a taker fee. The maker fee is applied when you add liquidity to the market by placing a limit order that is not immediately matched. The taker fee is applied when you remove liquidity from the market by placing a market order or a limit order that is immediately matched. The exact fee percentages for each tier can be found on the Bybitdex website. It's important to note that fees may vary for different trading pairs and can be subject to change. It's always a good idea to check the Bybitdex website for the most accurate fee information.