What are the fees associated with trading on the Coinsbit platform?
Mehrnoosh JavarsinehDec 26, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with trading on the Coinsbit platform? I would like to know the various charges involved in trading cryptocurrencies on this platform.
3 answers
- Dec 26, 2021 · 3 years agoTrading on the Coinsbit platform incurs several fees. Firstly, there is a maker fee of 0.1% for placing limit orders that add liquidity to the order book. Secondly, there is a taker fee of 0.2% for executing market orders that take liquidity from the order book. Additionally, there may be withdrawal fees for transferring your cryptocurrencies to an external wallet. It's important to note that these fees are subject to change and it's always a good idea to check the Coinsbit website for the most up-to-date fee structure.
- Dec 26, 2021 · 3 years agoWhen trading on Coinsbit, you'll encounter a few fees. For limit orders, which are orders placed on the order book, there is a maker fee of 0.1%. This fee is charged when you add liquidity to the market. On the other hand, market orders, which are executed immediately, incur a taker fee of 0.2%. This fee is charged when you take liquidity from the market. Additionally, Coinsbit may charge withdrawal fees when you transfer your cryptocurrencies to an external wallet. Keep in mind that these fees can vary and it's advisable to consult the Coinsbit platform for the latest fee information.
- Dec 26, 2021 · 3 years agoTrading on the Coinsbit platform involves certain fees. When you place a limit order that adds liquidity to the order book, you'll be charged a maker fee of 0.1%. On the other hand, if you execute a market order that takes liquidity from the order book, you'll incur a taker fee of 0.2%. Furthermore, Coinsbit may impose withdrawal fees for transferring your cryptocurrencies to an external wallet. It's worth noting that these fees are subject to change, so it's recommended to visit the Coinsbit website to stay updated on the current fee structure.
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