What are the fees associated with trading on Coonbase Pro?
Hays PetersonJan 07, 2022 · 3 years ago2 answers
Can you please provide a detailed explanation of the fees associated with trading on Coinbase Pro? I would like to know the different types of fees, how they are calculated, and if there are any discounts available for high-volume traders.
2 answers
- Jan 07, 2022 · 3 years agoTrading on Coinbase Pro involves fees that you should be aware of. There are two types of fees: maker fees and taker fees. Maker fees are charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. Taker fees, on the other hand, are charged when you remove liquidity from the market by placing an order that gets immediately matched. The fees are calculated based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. Coinbase Pro also offers a fee discount for high-volume traders. The fee structure is tiered, meaning that the more you trade, the lower your fees become. It's important to check the fee schedule on the Coinbase Pro website for the specific fees associated with each trading pair.
- Jan 07, 2022 · 3 years agoTrading on Coinbase Pro involves fees that you should be aware of. There are two types of fees: maker fees and taker fees. Maker fees are charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. Taker fees, on the other hand, are charged when you remove liquidity from the market by placing an order that gets immediately matched. The fees are calculated based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. Coinbase Pro also offers a fee discount for high-volume traders. The fee structure is tiered, meaning that the more you trade, the lower your fees become. It's important to check the fee schedule on the Coinbase Pro website for the specific fees associated with each trading pair.
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