What are the fees and limits for trading cryptocurrencies on Poloniex?

3 answers

• Dhiraj Kumar BarnwalFeb 26, 2023 · 2 years ago
  Sure! When it comes to trading cryptocurrencies on Poloniex, you'll encounter some fees. The fees vary depending on the type of trade you make. For example, if you're a maker (someone who adds liquidity to the order book), you'll pay a lower fee compared to a taker (someone who removes liquidity from the order book). The fees can range from 0% to 0.125% for makers and 0.1% to 0.2% for takers. It's important to note that these fees are subject to change, so it's always a good idea to check Poloniex's website for the most up-to-date information. As for trading limits, Poloniex has different levels of verification that determine your trading limits. The higher your verification level, the higher your trading limits will be. These limits can vary for different cryptocurrencies and are usually based on a 24-hour trading volume. So, make sure to complete the necessary verification steps to enjoy higher trading limits on Poloniex!
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• ThirupataiahSep 28, 2020 · 5 years ago
  Trading cryptocurrencies on Poloniex comes with certain fees and limits. The fees are based on a maker-taker model, where makers enjoy lower fees compared to takers. Makers can pay fees as low as 0% and as high as 0.125%, while takers can pay fees ranging from 0.1% to 0.2%. These fees are subject to change, so it's always a good idea to check Poloniex's website for the latest fee structure. In terms of trading limits, Poloniex has different verification levels that determine your trading limits. The higher your verification level, the higher your trading limits will be. These limits are usually based on a 24-hour trading volume and can vary for different cryptocurrencies. So, if you're planning to trade on Poloniex, make sure to check your verification level and the associated trading limits to ensure a smooth trading experience.
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• Adam JohnstoneFeb 27, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on Poloniex, the fees and limits can vary. Poloniex follows a maker-taker fee structure, where makers enjoy lower fees compared to takers. Makers can pay fees ranging from 0% to 0.125%, while takers can pay fees ranging from 0.1% to 0.2%. These fees are subject to change, so it's always a good idea to check Poloniex's website for the most up-to-date fee schedule. In terms of trading limits, Poloniex has different verification levels that determine your trading limits. The higher your verification level, the higher your trading limits will be. These limits are usually based on a 24-hour trading volume and can vary for different cryptocurrencies. So, if you're looking to trade on Poloniex, make sure to check your verification level and the associated trading limits to make the most out of your trading experience.
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