Trade More Bitcoin, Pay Less Fee: Coinbase

Bitcoin Watch Shop

San Francisco-based bitcoin sell Coinbase has announced a volume-based remission system for trades put on a Coinbase Exchange. The charity that will come into outcome from subsequent week was announced currently around a central blog-post.

The Company will continue to exercise a maker-taker price structure on a trades, though a traders will accept daily rebate advantages on trade some-more bitcoin on a bitcoin exchange. A trader’s 30-day bitcoin sell volume relations to a sum sell volume will establish a volume of a daily rebate.

Suppose that 100BTC were traded on a bitcoin sell over a final 30 days, and we traded 5BTC during a same period, afterwards we have accounted for 5% of a sum volume. Based on this, Coinbase will calculate a (reduced) taker’s fee. Coinbase used to assign a 0.25% taker’s price on any trade during a day.

The remission will be credited to a comment any day during 12:00am UTC.

Take a demeanour during a picture next for a minute relapse of a price structure.


Evident from a above outline is that a taker’s price ranges from 0.25%-0.10% while a maker’s price has

Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824