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How does GDAX calculate the maker fee?

avatarDiwakar ReddyDec 17, 2021 · 3 years ago3 answers

Can you explain how GDAX calculates the maker fee? I'm curious about the specific formula or algorithm they use.

How does GDAX calculate the maker fee?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! GDAX calculates the maker fee based on the trading volume and the maker/taker status of the user. The maker fee is applied when a user adds liquidity to the order book by placing a limit order that is not immediately matched with an existing order. The fee is determined by the user's 30-day trading volume and maker/taker status. GDAX offers a tiered fee structure, where higher trading volumes and maker status result in lower fees. The exact formula for calculating the maker fee can be found on GDAX's official website.
  • avatarDec 17, 2021 · 3 years ago
    GDAX calculates the maker fee using a tiered fee structure. The fee is determined by the user's trading volume and maker/taker status. The more liquidity a user adds to the order book, the lower their maker fee will be. GDAX provides a detailed breakdown of the fee structure on their website, so you can easily calculate your maker fee based on your trading activity.
  • avatarDec 17, 2021 · 3 years ago
    GDAX, now known as Coinbase Pro, calculates the maker fee using a tiered fee structure. The fee is based on the user's trading volume and maker/taker status. The more trading volume a user has and the higher their maker status, the lower their maker fee will be. GDAX offers competitive fees compared to other cryptocurrency exchanges. If you're interested in learning more about GDAX's fee structure, you can visit their website for detailed information.