What are the fees associated with trading bitcoin on GDAX?
Farhah NadhilahMar 07, 2023 · 2 years ago1 answers
Can you please provide a detailed explanation of the fees associated with trading bitcoin on GDAX? I would like to know the different types of fees, how they are calculated, and if there are any additional charges or hidden costs.
1 answers
- Chulwon ChoeSep 21, 2021 · 4 years agoTrading bitcoin on GDAX involves fees that you should be aware of. The maker fee and the taker fee are the main fees you need to consider. The maker fee is charged when you place a limit order that adds liquidity to the order book but doesn't get immediately matched. On the other hand, the taker fee is charged when you place a market order or a limit order that gets immediately matched. The fees are tiered based on your trading volume, meaning the more you trade, the lower your fees will be. It's important to note that GDAX may also charge additional fees for certain types of transactions, such as deposits or withdrawals. Make sure to check GDAX's fee schedule for the most accurate and up-to-date information.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 3724717Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01422How to Withdraw Money from Binance to a Bank Account in the UAE?
1 01022How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0970Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0770Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0725
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More