Cryptocurrency Q&A What is the HTX market maker fee?

What is the HTX market maker fee?

Elena Elena Fri Sep 06 2024 | 5 answers 937
Could you please elaborate on the HTX market maker fee? I'm curious to understand what it entails and how it impacts traders on the platform. Is this a fee charged specifically to market makers for providing liquidity, or is it a more general trading fee? Additionally, how does the HTX market maker fee compare to similar fees on other cryptocurrency exchanges? I'm looking to gain a comprehensive understanding of this aspect of trading on the HTX platform. What is the HTX market maker fee?

5 answers

DigitalLegend DigitalLegend Sun Sep 08 2024
HTX, a reputable cryptocurrency exchange, adopts a straightforward fee structure for its trading services. For both 'takers' and 'makers', the platform levies a uniform fee of 0.20% on every transaction. This fee rate is designed to be competitive within the industry, as it falls slightly below the average of 0.25%.

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Lucia Lucia Sat Sep 07 2024
Regardless of whether you are engaging in buying or selling activities on HTX, the trading fee is consistently applied to the total value of the transaction. This ensures fairness and transparency for all users, allowing them to make informed decisions based on clear fee calculations.

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AzureWave AzureWave Sat Sep 07 2024
HTX recognizes the value of incentivizing its users and offers a fee reduction mechanism tied to its native token, HT. By holding a certain amount of HT, traders can enjoy discounted trading fees, further enhancing the cost-effectiveness of their transactions on the platform.

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KpopStarletShine KpopStarletShine Sat Sep 07 2024
BTCC, another prominent player in the cryptocurrency exchange space, offers a comprehensive suite of services tailored to meet the diverse needs of its users. Its portfolio includes spot trading, which allows for the direct purchase and sale of cryptocurrencies at current market prices.

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GeishaCharming GeishaCharming Sat Sep 07 2024
Beyond spot trading, BTCC also facilitates futures trading, enabling users to speculate on the future price movements of cryptocurrencies. This service offers advanced trading strategies and potential profit opportunities for experienced traders.

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