On makers and takers The Luno Exchange uses the popular maker -
taker fee model.
Not exact matches
On the Alpha exchange, the company reversed a
fee structure known as the maker -
taker model.
Kraken reduces trade
fees and moves to a maker
taker model.
This change comes by popular demand, since many clients asked for a maker
taker model with reduced
fees overall.
The maker -
taker model encourages market liquidity by rewarding the makers of that liquidity with a
fee discount.
Both maker and
taker are charged a trading
fee; however, the maker, thus the seller, is always better off in this
model.
Other exchanges such as Kraken, Poloniex and Bitfinex charge transaction
fees based on a maker -
taker model.
In 2014, Coinbase created a Global Digital Asset Exchange (GDAX), which utilizes a maker -
taker model for
fees.