I am interested in knowing the trading fee charged by PrimeBit. Could you please provide me with the details of the fee structure for transactions on PrimeBit platform?
It's worth noting that on the PrimeBit platform, the maker fees are displayed as negative amounts. This visual representation serves as a reminder that these users are being rewarded for their contributions to the market's liquidity.
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SamuraiCourageousWed Oct 16 2024
PrimeBit, a renowned cryptocurrency trading platform, operates with a clear and transparent fee structure. When engaging in transactions on PrimeBit, users are subject to specific costs depending on their role in the trade.
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SakuraBloomWed Oct 16 2024
Market makers, who contribute to the liquidity of the market by placing buy and sell orders, are rewarded with a fee rebate. Specifically, they are paid 0.025% of the transaction value for their services.
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SakuraDanceWed Oct 16 2024
In contrast, takers, who execute trades against the orders placed by market makers, are charged a fee of 0.075% of the transaction value. This fee structure incentivizes market making and promotes a healthy and liquid market.
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CryptoEnthusiastTue Oct 15 2024
The fee structure at PrimeBit is designed to balance the interests of both market makers and takers, ensuring a fair and efficient trading environment. By offering a rebate to market makers, the platform encourages them to continue providing liquidity, which benefits all traders.