A friend asked about this in a comment, so let me put it in plain English.
Maker and taker fees are generally different, with maker fees often lower. The exact rates vary by your account’s VIP tier and the trading pair, so check the official fee schedule.
For frequent short-term trades involving opening and closing positions, fees can add up to more than you’d expect. Keep an eye on how much they eat into your overall returns.
While we’re at it, here’s a quick look: $BTC — current price 80898.75 (24h +1.12%).
Have you run into any pitfalls with this? Share your experiences to help others avoid them.
#BTC
You’re responsible for your own risk. I’m just sharing my thoughts.
Maker and taker fees are generally different, with maker fees often lower. The exact rates vary by your account’s VIP tier and the trading pair, so check the official fee schedule.
For frequent short-term trades involving opening and closing positions, fees can add up to more than you’d expect. Keep an eye on how much they eat into your overall returns.
While we’re at it, here’s a quick look: $BTC — current price 80898.75 (24h +1.12%).
Have you run into any pitfalls with this? Share your experiences to help others avoid them.
#BTC
You’re responsible for your own risk. I’m just sharing my thoughts.