No matter if you trade stocks, bonds, forex or crypto, you will, at one point, find yourself paying fees for trades. Let's discover the different types of fees you can encounter when trading crypto 💪
are a kind of database with all buy and sell orders listed. Exchanges want to keep these books as full as possible so that large orders can easily be filled. To encourage traders to help build the order book, they charge higher fees to orders that take awaySpecifically, taker fees are charged to orders that decrease the liquidity in the order book, whereas the lower maker fees are charged to those that help add to it.
Limit orders are filled at a lower maker fee, which – depending on the order size – might even be a negative fee, resulting in money paid to the trader.Most exchanges these days offer leverage trading – a way for traders to borrow additional capital to take on larger positions than they can technically afford. You may refer to ourThe common mandatory warning in European loan commercials “Caution! Borrowing money costs money” fits the crypto market as well.
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