Do I have to pay fees when trading digital currencies on GDAX?
khushal colabDec 27, 2021 · 3 years ago3 answers
I'm new to trading digital currencies on GDAX and I'm wondering if there are any fees involved. Can you please explain whether I have to pay fees when trading digital currencies on GDAX?
3 answers
- Dec 27, 2021 · 3 years agoYes, there are fees when trading digital currencies on GDAX. GDAX charges a fee for both market makers and market takers. The fee structure is based on your trading volume and ranges from 0.10% to 0.30%. Market makers, who provide liquidity to the market, usually pay lower fees compared to market takers, who remove liquidity from the market.
- Dec 27, 2021 · 3 years agoAbsolutely! Trading digital currencies on GDAX comes with fees. GDAX charges a fee for every trade you make. The fee structure is tiered based on your trading volume, with higher volume traders enjoying lower fees. So, the more you trade, the lower the fees you'll pay.
- Dec 27, 2021 · 3 years agoYes, you do have to pay fees when trading digital currencies on GDAX. However, it's important to note that the fees on GDAX are relatively low compared to other exchanges. GDAX offers competitive fee rates, making it an attractive option for traders. Keep in mind that fees may vary depending on your trading volume and the type of order you place.
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