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Are there any discounts available for the taker fee on GDAX?

avatarSay CheeseNov 28, 2021 · 3 years ago3 answers

I'm wondering if there are any discounts available for the taker fee on GDAX. Can I get a reduced fee for being an active trader or for holding a certain amount of GDAX tokens? I want to make sure I'm getting the best deal possible when it comes to trading fees on GDAX.

Are there any discounts available for the taker fee on GDAX?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Unfortunately, GDAX does not currently offer any discounts for the taker fee. The taker fee is a fixed percentage that applies to all trades. However, GDAX does have a tiered fee structure based on your trading volume, so the more you trade, the lower your fee percentage will be. It's always a good idea to check GDAX's fee schedule for the most up-to-date information.
  • avatarNov 28, 2021 · 3 years ago
    No, GDAX does not provide any discounts for the taker fee. The taker fee is a standard fee that applies to all trades on the platform. However, GDAX does offer a maker fee, which is lower than the taker fee. If you place limit orders that add liquidity to the order book, you can benefit from the lower maker fee. So, if you're looking to reduce your trading fees on GDAX, consider using limit orders instead of market orders.
  • avatarNov 28, 2021 · 3 years ago
    While GDAX itself does not offer any discounts for the taker fee, there are other platforms and exchanges that may provide such discounts. For example, BYDFi offers a tiered fee structure where active traders can enjoy reduced fees based on their trading volume. So, if you're looking for discounts on the taker fee, you might want to consider exploring other exchanges and platforms like BYDFi.