What are the fees for trading BTC with USD on GDAX?
jennifer jamesDec 25, 2021 · 3 years ago3 answers
Can you please provide me with the details of the fees associated with trading BTC with USD on GDAX?
3 answers
- Dec 25, 2021 · 3 years agoSure! When trading BTC with USD on GDAX, there are fees involved. The fee structure on GDAX is based on a maker-taker model. Makers are the ones who provide liquidity to the order book by placing limit orders that are not immediately matched with existing orders. Takers are the ones who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with existing orders. Makers are charged a lower fee compared to takers. The fee percentage varies depending on the trading volume. You can find the detailed fee schedule on the GDAX website.
- Dec 25, 2021 · 3 years agoTrading BTC with USD on GDAX incurs fees. The fee structure is designed to incentivize liquidity providers (makers) and charge liquidity takers. Makers are rewarded with lower fees, while takers pay slightly higher fees. The fee percentage is determined by the trading volume. GDAX provides a transparent fee schedule on their website, so you can easily calculate the fees based on your trading activity.
- Dec 25, 2021 · 3 years agoWhen it comes to trading BTC with USD on GDAX, there are fees involved. GDAX follows a maker-taker fee model, where makers are charged lower fees compared to takers. The fee percentage is based on the trading volume. GDAX has a detailed fee schedule on their website, which provides all the necessary information regarding the fees. Make sure to check the fee schedule before initiating any trades to understand the costs associated with your trading activity.
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