What are the maker and taker fees on Coinbase Pro?

5 answers

• OmarRMar 22, 2024 · a year ago
  Maker and taker fees are common in cryptocurrency exchanges like Coinbase Pro. The maker fee is charged to traders who add liquidity to the order book by placing limit orders that are not immediately matched with existing orders. The taker fee, on the other hand, is charged to traders who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with existing orders. The maker fee is usually lower than the taker fee, incentivizing traders to add liquidity to the market. These fees can vary depending on the trading volume and the user's tier level on Coinbase Pro.
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• brian kunkelNov 13, 2024 · 7 months ago
  Maker and taker fees play an important role in maintaining a liquid market on Coinbase Pro. The maker fee encourages traders to provide liquidity by offering a lower fee for limit orders that add to the order book. On the other hand, the taker fee is higher and is charged to traders who take liquidity from the order book by placing market orders or limit orders that are immediately matched. This fee structure helps ensure that there are always orders available for traders to execute and helps prevent market manipulation. It's important to note that the specific fees can vary depending on the user's trading volume and tier level on Coinbase Pro.
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• sandhya choudhuryNov 28, 2021 · 4 years ago
  Maker and taker fees are a common practice on cryptocurrency exchanges, including Coinbase Pro. The maker fee is charged to traders who provide liquidity to the market by placing limit orders that are not immediately filled. On the other hand, the taker fee is charged to traders who take liquidity from the market by placing market orders or limit orders that are immediately filled. These fees help incentivize traders to provide liquidity and ensure that there is always a healthy order book. It's worth mentioning that different exchanges may have different fee structures, so it's important to compare fees across multiple platforms before making a decision.
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• mestrelanSep 04, 2022 · 3 years ago
  Maker and taker fees are an important aspect of trading on Coinbase Pro. The maker fee is charged to traders who add liquidity to the market by placing limit orders that are not immediately matched. On the other hand, the taker fee is charged to traders who remove liquidity from the market by placing market orders or limit orders that are immediately matched. These fees help ensure a fair and efficient market by incentivizing traders to provide liquidity and discouraging excessive market orders. It's important to note that the specific fees can vary based on the user's trading volume and tier level on Coinbase Pro.
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• Priyanshu YadavJan 27, 2022 · 3 years ago
  BYDFi, a digital currency exchange, also implements maker and taker fees similar to Coinbase Pro. The maker fee is charged to traders who provide liquidity to the market by placing limit orders that are not immediately matched. On the other hand, the taker fee is charged to traders who remove liquidity from the market by placing market orders or limit orders that are immediately matched. These fees help maintain a liquid market and encourage traders to contribute to the order book. It's important to review the fee structure and compare it with other exchanges to make an informed decision.
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