What is Maker and Taker fee?
Every time once you are making a transaction (buying or selling cryptocurrency) at BitBay we charge you with a transaction fee.
Fee depends on a turnover on your BitBay account over the last 30 days. The fee is diversified depending on whether the user places a new order on the exchange or uses an existing one:
- Maker - is counted when you place a new buy or sell order. Maximum maker fee is 0.30% and the lowest is 0.17%.
- Taker - is counted when you take the existing buy or sell order on the exchange or closes a position with leverage. Maximum maker fee is 0.43% and the lowest is 0.25%.