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Are there any fees associated with buying Ripple on GDAX?

avatarHaarishDec 18, 2021 · 3 years ago3 answers

Can you tell me if there are any fees that I need to pay when buying Ripple on GDAX? I'm considering purchasing Ripple on GDAX and I want to know if there are any additional costs involved.

Are there any fees associated with buying Ripple on GDAX?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with buying Ripple on GDAX. GDAX charges a fee for both market makers and market takers. The fee structure varies depending on your trading volume. You can find the detailed fee schedule on GDAX's website. It's important to consider these fees when calculating your potential profits or losses.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you buy Ripple on GDAX, you'll have to pay a fee. The fee amount depends on your trading volume and whether you're a market maker or a market taker. GDAX has a tiered fee structure, which means the more you trade, the lower your fees will be. Make sure to check GDAX's fee schedule for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with buying Ripple on GDAX. GDAX charges a fee for both buying and selling Ripple. The fee structure is based on your trading volume and ranges from 0.10% to 0.30%. The fee is higher for market takers compared to market makers. It's important to factor in these fees when planning your trades on GDAX.