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Is it possible to receive maker's fee on BitMEX? If yes, how?

avatarFrog-996Dec 26, 2021 · 3 years ago3 answers

I would like to know if it is possible to receive maker's fee on BitMEX. If it is, could you please explain how it works?

Is it possible to receive maker's fee on BitMEX? If yes, how?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to receive maker's fee on BitMEX. When you place a limit order that is not immediately matched with an existing order on the order book, you become a maker. As a maker, you provide liquidity to the market, and BitMEX rewards you by charging a lower fee compared to takers. The maker's fee is a percentage of the trading volume and varies depending on the cryptocurrency you are trading. It's important to note that in order to receive the maker's fee, your order must be placed on the order book and not immediately matched.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! BitMEX offers a maker's fee to incentivize users to provide liquidity to the market. When you place a limit order that adds liquidity to the order book, you become a maker and are eligible for the maker's fee. The fee structure is tiered based on your trading volume, so the more you trade, the lower your fee will be. To receive the maker's fee, make sure to place limit orders that are not immediately matched with existing orders.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can receive maker's fee on BitMEX. As a maker, you contribute to the liquidity of the market by placing limit orders that are not immediately executed. BitMEX rewards makers by charging them a lower fee compared to takers. The maker's fee is calculated based on your trading volume and varies depending on the cryptocurrency you are trading. Keep in mind that in order to receive the maker's fee, your order must be placed on the order book and not immediately matched. If you're looking for a platform that offers competitive maker's fees, you might want to check out BYDFi, which also provides a user-friendly interface and a wide range of trading options.