What are the trading fees for Bitfinex?
Alfredo HerreraDec 25, 2021 · 3 years ago3 answers
Can you provide detailed information about the trading fees on Bitfinex?
3 answers
- Dec 25, 2021 · 3 years agoSure! When it comes to trading fees on Bitfinex, they operate on a maker-taker model. Makers, who add liquidity to the order book, are charged a lower fee, while takers, who remove liquidity from the order book, are charged a slightly higher fee. The fees vary based on the trading volume in the past 30 days. The more you trade, the lower the fees become. You can find the complete fee schedule on Bitfinex's official website.
- Dec 25, 2021 · 3 years agoTrading fees on Bitfinex can be a bit complex, but I'll break it down for you. If you're a maker and your trading volume in the past 30 days is less than $500,000, you'll be charged a 0.1% fee. As your trading volume increases, the fee decreases. For takers, the fee starts at 0.2% and also decreases with higher trading volumes. It's important to note that Bitfinex offers fee discounts for users with large trading volumes, so if you're a high-volume trader, you might be eligible for lower fees.
- Dec 25, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, offers competitive trading fees on Bitfinex. The fees are based on a tiered structure, where the more you trade, the lower the fees become. For makers, the fees range from 0.1% to 0.055%, while for takers, the fees range from 0.2% to 0.09%. It's worth noting that Bitfinex also offers fee discounts for users who hold their native token, so if you're a BYDFi token holder, you can enjoy even lower trading fees on Bitfinex.
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