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Is it possible to buy cryptocurrencies on GDAX without paying any fees?

avatarAurora DingDec 19, 2021 · 3 years ago3 answers

Can I purchase cryptocurrencies on GDAX without incurring any fees?

Is it possible to buy cryptocurrencies on GDAX without paying any fees?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrencies on GDAX without paying any fees. GDAX offers a fee schedule that allows users to trade cryptocurrencies without any fees for certain types of orders. For example, if you place a 'maker' order, which adds liquidity to the order book, you won't be charged any fees. However, if you place a 'taker' order, which removes liquidity from the order book, you may be subject to fees. It's important to review GDAX's fee schedule and understand the different types of orders to minimize fees when buying cryptocurrencies.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! GDAX provides a fee structure that allows users to buy cryptocurrencies without any fees. By placing 'maker' orders, you can avoid paying fees altogether. These orders add liquidity to the market and help maintain a healthy trading environment. However, if you choose to place 'taker' orders, which remove liquidity, you may be subject to fees. It's always a good idea to familiarize yourself with GDAX's fee schedule and choose the most cost-effective order type when buying cryptocurrencies.
  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrencies on GDAX without paying any fees. GDAX offers a fee structure that incentivizes users to provide liquidity to the market. By placing 'maker' orders, you can enjoy fee-free trading. However, if you place 'taker' orders, you may be charged fees. It's important to note that GDAX's fee structure may change over time, so it's always a good idea to check their website for the most up-to-date information on fees. Happy fee-free trading!