What are the fees for trading on Poloniex?

3 answers

• Idoko Pius ocheNov 15, 2024 · 9 months ago
  Trading fees on Poloniex vary depending on the user's trading volume. The fees range from 0.10% to 0.20% for makers and takers. Makers are traders who add liquidity to the order book by placing limit orders, while takers are traders who remove liquidity by placing market orders. The fee structure encourages users to provide liquidity to the market, resulting in tighter spreads and better prices for traders. It's important to note that the fee structure may change, so it's always a good idea to check the latest fee schedule on the Poloniex website.
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• The ZirkJul 30, 2021 · 4 years ago
  Poloniex charges a fee for every trade made on their platform. The fee is calculated based on the trading volume and the type of order placed. The fee structure is designed to incentivize users to provide liquidity to the market and promote fair trading practices. It's important for traders to be aware of the fees associated with their trades to accurately calculate their profits and losses. Poloniex provides a transparent fee schedule on their website, which can be accessed by all users.
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• DrewrenoMar 30, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that Poloniex has a competitive fee structure compared to other exchanges. The fees are based on a tiered system, where the more you trade, the lower your fees. This encourages active trading and rewards high-volume traders. Poloniex also offers fee discounts for users who hold their native token, which further reduces trading costs. Overall, Poloniex provides a fair and transparent fee structure that benefits both small and large traders.
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