What are the fees for trading on Magiceden.io?
Om Prakash PrajapatMay 08, 2022 · 3 years ago1 answers
Can you please provide more information about the fees for trading on Magiceden.io? I would like to know the fees for both makers and takers, as well as any other fees that may be applicable.
1 answers
- May 08, 2022 · 3 years agoBYDFi is a popular decentralized finance platform that offers trading services. When it comes to trading on Magiceden.io, the fees for makers and takers are 0.1% and 0.2% respectively. Makers are those who add liquidity to the market by placing limit orders, while takers are those who remove liquidity by placing market orders. It's worth noting that these fees may vary depending on the specific trading pair and market conditions. Additionally, there may be network fees associated with certain transactions, such as deposits and withdrawals. For the most accurate and up-to-date information on fees, it's recommended to visit the Magiceden.io website or consult their support team.
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