What are the maker and taker fees on Coinbase for trading cryptocurrencies?

3 answers

• Nov 24, 2021 · 3 years ago
  Maker and taker fees are common in cryptocurrency exchanges like Coinbase. The maker fee is charged when you add liquidity to the order book by placing a limit order that doesn't immediately fill. The taker fee is charged when you remove liquidity from the order book by placing a market order or a limit order that immediately fills. These fees vary depending on your trading volume and can range from 0.04% to 0.50% per transaction. It's important to consider these fees when calculating the overall cost of trading on Coinbase.
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• Nov 24, 2021 · 3 years ago
  When you place a limit order on Coinbase that doesn't immediately fill, you become a maker and are charged the maker fee. On the other hand, if you place a market order or a limit order that immediately fills, you become a taker and are charged the taker fee. These fees are designed to incentivize liquidity providers (makers) and compensate liquidity takers. The specific fee rates depend on your trading volume and can be found on Coinbase's website. Keep in mind that these fees can impact your profitability, especially for high-frequency traders.
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• Nov 24, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Coinbase charges maker and taker fees for trading cryptocurrencies. The maker fee is typically lower than the taker fee, as it rewards users who add liquidity to the market. On the other hand, the taker fee is higher as it charges users who take liquidity from the market. These fees are important to consider when trading on Coinbase, as they can significantly impact your overall trading costs. It's always a good idea to compare fees across different exchanges to find the most cost-effective trading platform for your needs.
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