Someone asked: How are spot trading fees calculated? Where are they deducted?
I usually answer like this: A Maker order is placed on the order book and waits to be filled, while a Taker order is filled immediately against an existing order on the book. Their fee rates may differ. When estimating your profit, be sure to include the fees for both the buy and the sell—if you only look at the price difference, you'll overestimate how much profit you'll actually make.
$BNB 729.85(-0.03%)
Anything I missed? Let’s talk about it in the comments.
I usually answer like this: A Maker order is placed on the order book and waits to be filled, while a Taker order is filled immediately against an existing order on the book. Their fee rates may differ. When estimating your profit, be sure to include the fees for both the buy and the sell—if you only look at the price difference, you'll overestimate how much profit you'll actually make.
$BNB 729.85(-0.03%)
Anything I missed? Let’s talk about it in the comments.