What are the fees for buying and selling digital currencies on GDAX?
Juan ParraJan 07, 2022 · 3 years ago1 answers
Can you please provide me with detailed information about the fees associated with buying and selling digital currencies on GDAX?
1 answers
- Jan 07, 2022 · 3 years agoAs an expert in the field, I can tell you that GDAX follows a maker-taker fee model. Makers, who provide liquidity to the market by placing limit orders, enjoy lower fees compared to takers, who place market orders and take liquidity from the market. The fee structure is based on your trading volume and can range from 0.10% to 0.30%. GDAX also offers fee discounts for high-volume traders, making it an attractive option for those who trade frequently. It's worth noting that deposit and withdrawal fees may apply, depending on the currency you're using. Overall, GDAX's fee structure is designed to be fair and transparent, ensuring a level playing field for all traders.
Related Tags
Hot Questions
- 96
What are the advantages of using cryptocurrency for online transactions?
- 94
How can I protect my digital assets from hackers?
- 75
What are the best digital currencies to invest in right now?
- 74
How can I buy Bitcoin with a credit card?
- 62
How does cryptocurrency affect my tax return?
- 54
How can I minimize my tax liability when dealing with cryptocurrencies?
- 43
What are the best practices for reporting cryptocurrency on my taxes?
- 29
What are the tax implications of using cryptocurrency?