How does GDAX calculate the taker fee?

3 answers

• Nov 28, 2021 · 3 years ago
  The taker fee on GDAX is calculated based on the trading volume and the user's trading activity. The fee structure is tiered, meaning that the more you trade, the lower your fee percentage becomes. GDAX uses a maker-taker model, where makers add liquidity to the order book and pay lower fees, while takers remove liquidity and pay higher fees. The specific fee percentages for each tier can be found on GDAX's website. It's important to note that the fee structure may vary for different cryptocurrencies on GDAX.
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• Nov 28, 2021 · 3 years ago
  GDAX calculates the taker fee by taking into account the trading volume of the user over the past 30 days. The fee is determined based on a tiered structure, where higher trading volumes result in lower fees. GDAX also considers the user's maker-taker ratio, which is the proportion of trades that are makers versus takers. The more trades a user makes as a maker, the lower their taker fee will be. It's worth noting that GDAX periodically reviews and adjusts their fee structure to ensure fairness and competitiveness in the market.
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• Nov 28, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that GDAX calculates the taker fee using a formula that takes into account the trading volume and the user's trading activity. The fee structure is designed to incentivize liquidity providers (makers) and discourage excessive trading (takers). GDAX's fee structure is competitive compared to other exchanges in the market, and it's important for traders to consider the fees when choosing a platform. If you're interested in learning more about GDAX's fee structure, I recommend visiting their website or reaching out to their customer support for detailed information.
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