Understanding Your Spot Trading Fees
Spot trading on Traiex involves two main types of fees:
Maker Fee: When you place an order that doesn't fill immediately (like a limit order), and it gets added to the order book, you're a "Maker." You're essentially "making" the market by adding liquidity.
Taker Fee: When you place an order that DOES fill immediately (like a market order), taking away from the orders already in the order book, you're a "Taker."
What are spot trading fees?
Spot trading fees are the charges you pay when you complete a trade on the spot market.
Traiex has a fixed fee of just 0.04% for spot trading. This allows you to trade cost-effectively and transparently, with minimal expenses.
How do spot trading fees work?
When you make a trade, the fees are taken from the currency you receive upon completion of the trade. So, if you buy BTC using USDT, your fee is charged in BTC. But, if you sell BTC for USDT, then the fee will be denominated in USDT.
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