Popular US-based cryptocurrency exchange Coinbase has announced that it will impose a new tariff on transaction fees.
Each exchange applies a different transaction fee tariff for a certain volume of users. These transaction fees are also Market Buyer (Market Taker) and Market Maker (Market Maker) in 2 different ways. Market makers always pay less than market takers because makers enter orders “woodThey help the healthy flow of “Market buy/sellTransaction fees are always slightly higher for market buyers who do ”.
coinbaseaccording to the new schedule of with a volume of 0-10 thousand dollars Market Buyers 60bps (0.60%)while Market Maker users with the same volume 40bps (0,40%) They will pay a processing fee. Users who are shown as the highest volume and will pay the least transaction fee. 400 million dollars those with greater volume. Market Makers with a volume of $400 million and more 5bps (0.05%) Market Makers with the same volume have to pay a transaction fee. they do not have to pay any transaction fees.
by social media users These backlash transaction fees has been the target of criticism. Users complaining of high transaction fees Binance and Bybit He emphasized that such exchanges do not cut any transaction fees in spot trading transactions.
These transaction fees September 20 since Coinbase Exchange, Pro and advanced will be implemented across platforms.
