What are the fees for trading on Bitfinex?

1 answers

• MomoyateJul 05, 2022 · 4 years ago
  Trading on Bitfinex comes with a few different types of fees. Maker fees are charged when you add liquidity to the market by placing a limit order that isn't immediately matched with an existing order. Taker fees, on the other hand, are charged when you remove liquidity from the market by placing an order that is immediately matched with an existing order. The fee structure is based on your trading volume over the past 30 days, with higher volumes resulting in lower fees. Additionally, there are withdrawal fees for transferring your funds off the exchange. These fees vary depending on the cryptocurrency you are withdrawing. It's important to note that Bitfinex offers fee discounts for high-volume traders, so if you trade frequently, you may be eligible for lower fees.
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