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What are the fees associated with trading on the wrapped luna exchange?

avatarQoroDec 26, 2021 · 3 years ago3 answers

Can you provide details about the fees charged for trading on the wrapped luna exchange? I'm interested in understanding the costs involved in trading digital assets on this platform.

What are the fees associated with trading on the wrapped luna exchange?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Trading on the wrapped luna exchange incurs various fees. The platform charges a maker fee of 0.1% and a taker fee of 0.2% for each transaction. These fees are relatively competitive compared to other exchanges in the market. It's important to note that fees may vary depending on the trading volume and other factors. Make sure to check the official website of the wrapped luna exchange for the most up-to-date fee structure.
  • avatarDec 26, 2021 · 3 years ago
    When trading on the wrapped luna exchange, you'll encounter trading fees. The maker fee is 0.1%, which applies when you provide liquidity to the market by placing a limit order that doesn't get immediately matched. The taker fee is 0.2% and applies when you place an order that gets matched immediately. These fees are standard in the industry and help support the exchange's operations and infrastructure.
  • avatarDec 26, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that the wrapped luna exchange charges a maker fee of 0.1% and a taker fee of 0.2%. These fees are in line with industry standards and are designed to ensure fair and efficient trading on the platform. It's worth noting that the wrapped luna exchange also offers various incentives and discounts for high-volume traders, so make sure to explore those options if you're an active trader.