What are the fees and limits on GDAX?
kronosaurusDec 17, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees and limits on GDAX? I would like to know the costs associated with trading on the platform as well as any restrictions or limitations that may apply.
3 answers
- Dec 17, 2021 · 3 years agoSure! GDAX, which is now known as Coinbase Pro, has a fee structure that varies depending on the trading volume and the type of order you place. The fees range from 0.10% to 0.50% for takers and 0% to 0.50% for makers. The higher your trading volume, the lower the fees you'll pay. As for limits, GDAX has both deposit and withdrawal limits. The limits depend on your account verification level and can be increased by providing additional documentation. It's important to note that GDAX has different limits for different cryptocurrencies, so make sure to check the specific limits for the coins you're interested in trading.
- Dec 17, 2021 · 3 years agoThe fees on GDAX are relatively competitive compared to other cryptocurrency exchanges. The platform offers a maker-taker fee model, where makers (those who provide liquidity to the order book) pay lower fees compared to takers (those who take liquidity from the order book). This fee structure incentivizes users to place limit orders and contribute to the overall liquidity of the market. As for limits, GDAX has daily and weekly limits for deposits and withdrawals. The limits depend on your account verification level and can be increased by going through the necessary verification steps. It's always a good idea to check the GDAX website for the most up-to-date fee and limit information.
- Dec 17, 2021 · 3 years agoGDAX, now known as Coinbase Pro, offers competitive fees and limits for cryptocurrency trading. The fees are based on a maker-taker model, where makers enjoy lower fees compared to takers. The fee structure encourages users to provide liquidity to the market by placing limit orders. As for limits, GDAX has different limits for deposits and withdrawals, depending on your account verification level. Higher verification levels usually come with higher limits. However, it's important to note that GDAX is just one of the many cryptocurrency exchanges available. If you're looking for alternative options, you can consider Binance, Kraken, or Bitstamp, which also offer competitive fees and limits.
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