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How do maker and taker fees work in the world of digital currencies?

avatarAnil BamnoteDec 26, 2021 · 3 years ago1 answers

Can you explain how maker and taker fees function in the realm of digital currencies? What is the difference between the two and how do they affect trading? Are these fees charged by all cryptocurrency exchanges?

How do maker and taker fees work in the world of digital currencies?
Digital Currencies
Maker Fees
Taker Fees

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we also have maker and taker fees in place. The maker fee is 0.1% and the taker fee is 0.2%. These fees are competitive with other exchanges in the industry and help to ensure a fair and efficient trading environment. We encourage traders to take advantage of our fee structure and enjoy the benefits of trading on our platform.

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