What are the fees associated with trading cryptocurrencies on Poloniex LLC?

5 answers

• antibanAug 30, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on Poloniex LLC, there are several fees that you need to be aware of. Firstly, there is a maker fee and a taker fee. The maker fee is charged when you add liquidity to the order book by placing a limit order that doesn't get immediately matched with an existing order. The taker fee, on the other hand, is charged when you remove liquidity from the order book by placing an order that gets immediately matched with an existing order. The specific percentages for these fees depend on your trading volume over the past 30 days. The more you trade, the lower the fees. Additionally, there may be withdrawal fees for transferring your cryptocurrencies out of Poloniex. These fees vary depending on the specific cryptocurrency you are withdrawing. It's important to check the fee schedule on the Poloniex website for the most up-to-date information.
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• fathylogicJun 13, 2022 · 3 years ago
  Trading cryptocurrencies on Poloniex LLC comes with its fair share of fees. When you place a limit order that doesn't get immediately matched, you'll be charged a maker fee. On the other hand, if you place an order that gets immediately matched, you'll be charged a taker fee. The exact percentages for these fees depend on your trading volume over the past 30 days. The more you trade, the lower the fees. It's worth noting that Poloniex also charges withdrawal fees for transferring your cryptocurrencies out of the platform. These fees vary depending on the specific cryptocurrency you are withdrawing. To get the most accurate and up-to-date information on the fees, it's recommended to visit the fee schedule on the Poloniex website.
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• MatiasOct 27, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on Poloniex LLC, you'll encounter a few fees. The maker fee is charged when you add liquidity to the order book by placing a limit order that doesn't get immediately matched. The taker fee, on the other hand, is charged when you remove liquidity from the order book by placing an order that gets immediately matched. The exact percentages for these fees depend on your trading volume over the past 30 days. The more you trade, the lower the fees. Additionally, there are withdrawal fees for transferring your cryptocurrencies out of Poloniex. These fees vary depending on the specific cryptocurrency you are withdrawing. Make sure to check the fee schedule on the Poloniex website for the most accurate and up-to-date information.
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• AlmaxJun 11, 2020 · 5 years ago
  Trading cryptocurrencies on Poloniex LLC involves certain fees. The maker fee is charged when you add liquidity to the order book by placing a limit order that doesn't get immediately matched. On the other hand, the taker fee is charged when you remove liquidity from the order book by placing an order that gets immediately matched. The specific percentages for these fees depend on your trading volume over the past 30 days. The more you trade, the lower the fees. Additionally, there may be withdrawal fees for transferring your cryptocurrencies out of Poloniex. These fees vary depending on the specific cryptocurrency you are withdrawing. It's important to review the fee schedule on the Poloniex website for the most accurate and up-to-date information.
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• Nilsson DoyleNov 28, 2024 · 8 months ago
  BYDFi, a digital currency exchange, provides a transparent fee structure for trading cryptocurrencies on Poloniex LLC. There are two types of fees: maker fees and taker fees. Maker fees are charged when you add liquidity to the order book 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 order book by placing an order that gets immediately matched. The exact percentages for these fees depend on your trading volume over the past 30 days. The more you trade, the lower the fees. Additionally, there may be withdrawal fees for transferring your cryptocurrencies out of Poloniex. These fees vary depending on the specific cryptocurrency you are withdrawing. To get the most accurate and up-to-date information on the fees, it's recommended to visit the fee schedule on the Poloniex website.
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