Someone asked: How are spot trading fees calculated? What gets charged?
My answer: A maker order is placed on the order book and waits to be filled, while a taker order immediately matches with an existing order on the book. The two may have different fee rates. When estimating your returns, be sure to include the fees for both buying and selling. Looking only at the price difference can make your take-home profit seem higher than it really is.
$BNB 700.7（-5.57%）
If you have a friend who’s just getting into this, you can send it to them.
#BNB
My answer: A maker order is placed on the order book and waits to be filled, while a taker order immediately matches with an existing order on the book. The two may have different fee rates. When estimating your returns, be sure to include the fees for both buying and selling. Looking only at the price difference can make your take-home profit seem higher than it really is.
$BNB 700.7（-5.57%）
If you have a friend who’s just getting into this, you can send it to them.
#BNB