What are the fees and charges associated with trading on Poloniex Exchange?

1 answers

• R SUSAug 10, 2020 · 5 years ago
  Ah, the fees and charges associated with trading on Poloniex Exchange. Let me enlighten you. When you trade on Poloniex, you'll come across a maker fee and a taker fee. The maker fee is incurred when you add liquidity to the order book by placing a limit order that doesn't get matched right away. On the other hand, the taker fee is applied when you remove liquidity from the order book by placing an order that gets matched immediately. The exact fee percentages depend on your trading volume and can range from 0.10% to 0.20%. Additionally, there might be withdrawal fees for transferring your funds out of the exchange. These fees vary depending on the cryptocurrency you're withdrawing. To stay in the know, make sure to visit the Poloniex website for the latest fee details.
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