How does Deribit calculate its trading fees?
Raghavendra jayateerthDec 28, 2021 · 3 years ago3 answers
Can you explain the method Deribit uses to calculate its trading fees? I'm curious about how they determine the fees for different types of trades and whether there are any discounts or special rates available.
3 answers
- Dec 28, 2021 · 3 years agoDeribit calculates its trading fees based on a tiered system. The fees vary depending on the user's trading volume over the past 30 days. The more you trade, the lower the fees. There are separate fee schedules for makers and takers, with makers usually enjoying lower fees. Deribit also offers a fee discount program for market makers who provide liquidity to the platform. This encourages active trading and helps to maintain a healthy order book. Overall, Deribit aims to provide competitive and fair fee structures to its users.
- Dec 28, 2021 · 3 years agoWhen it comes to calculating trading fees, Deribit takes into account the trading volume of users. The more you trade, the lower your fees will be. This incentivizes high-volume traders to use the platform and helps to ensure liquidity. Deribit also offers a maker-taker fee model, where makers (those who provide liquidity) enjoy lower fees compared to takers (those who take liquidity). Additionally, Deribit has a fee discount program for market makers, which further encourages liquidity provision. Overall, Deribit's fee structure is designed to be fair and attractive to active traders.
- Dec 28, 2021 · 3 years agoDeribit calculates its trading fees using a tiered system based on trading volume. The more you trade, the lower your fees will be. This is a common practice among cryptocurrency exchanges to incentivize higher trading volumes. Deribit also offers a maker-taker fee model, where makers enjoy lower fees compared to takers. This encourages market makers to provide liquidity to the platform, which is crucial for maintaining a healthy trading environment. Additionally, Deribit periodically reviews and adjusts its fee structure to remain competitive in the market. Overall, Deribit's fee calculation method aims to strike a balance between incentivizing trading activity and ensuring a fair fee structure.
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