BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What are the maker and taker fees in the world of cryptocurrency?

Thom EversSep 17, 2020 · 5 years ago1 answers

Can you explain what maker and taker fees are in the context of cryptocurrency trading? How do they work and why are they important?

1 answers

  • Louis Jay CastilloFeb 16, 2023 · 2 years ago
    At BYDFi, we understand the importance of maker and taker fees in the cryptocurrency world. As a third-party exchange, we strive to provide a fair and transparent fee structure to our users. Our maker fees are competitive, incentivizing liquidity provision and promoting a vibrant trading environment. Taker fees are slightly higher to reflect the cost of consuming liquidity. We believe in fostering a healthy trading ecosystem and aim to offer the best trading experience for our users.

Top Picks