What are the trading fees on Poloniex for digital currencies?

3 answers

• Ersin KebabcıFeb 25, 2021 · 4 years ago
  Sure! Poloniex charges a fee for both makers and takers. Makers are those who provide liquidity to the order book by placing limit orders that are not immediately matched with an existing order. Takers are those who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with an existing order. The fee structure is tiered based on the 30-day trading volume. The higher the trading volume, the lower the fees. You can find the detailed fee schedule on Poloniex's website. When compared to other exchanges, Poloniex's fees are generally competitive, but it's always a good idea to compare fees across different exchanges to find the best option for your trading needs.
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• iazaJul 10, 2023 · 2 years ago
  The trading fees on Poloniex for digital currencies vary depending on whether you are a maker or a taker. Makers are charged a lower fee because they provide liquidity to the market, while takers are charged a slightly higher fee for removing liquidity. The fee structure is tiered based on the 30-day trading volume, with higher volume traders enjoying lower fees. It's worth noting that Poloniex's fees are generally in line with other major exchanges, but it's always a good idea to compare fees across different platforms to ensure you're getting the best deal.
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• Abhay JaiswalOct 26, 2024 · 9 months ago
  As an expert in the field, I can tell you that Poloniex's trading fees for digital currencies are quite competitive. The fee structure is tiered based on your trading volume, with lower fees for higher volume traders. Poloniex charges both makers and takers, but makers enjoy a lower fee because they provide liquidity to the market. When compared to other exchanges, Poloniex's fees are generally on par with the industry average. However, it's important to note that fees can vary depending on the specific digital currency you are trading. It's always a good idea to check the fee schedule on Poloniex's website to get the most accurate and up-to-date information.
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