Cryptocurrency Q&A What is Coinbase allow taker?

What is Coinbase allow taker?

Andrea Andrea Wed Sep 25 2024 | 6 answers 1287
Excuse me, could you clarify what you mean by "Coinbase allow taker"? As a cryptocurrency and finance practitioner, I'm familiar with Coinbase as a popular cryptocurrency exchange platform. However, the term "allow taker" isn't a commonly used phrase in the context of Coinbase or cryptocurrency trading. If you're referring to trading fees on Coinbase, they typically use a maker-taker fee model. In this model, "makers" are traders who add liquidity to the market by placing limit orders, while "takers" are traders who remove liquidity from the market by taking existing orders. Coinbase and other exchanges often charge lower fees for makers and higher fees for takers to incentivize traders to add liquidity to the market. So, if you're asking about the fees Coinbase charges for takers, the answer would be that Coinbase, like many other exchanges, charges a higher fee for takers than for makers. However, the specific fee structure can vary depending on the trading pair, the user's trading volume, and other factors. I hope this helps clarify your question. If you're looking for more information about Coinbase or cryptocurrency trading, feel free to ask. What is Coinbase allow taker?

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