DEX & CEX Trading Fees

Discussion in 'General Discussion' started by adamgdev, Mar 14, 2019.

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  1. adamgdev

    adamgdev Buys the dips

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    At "); background-size: 1px 1px; background-position: 0px calc(1em + 1px);">Ethex.market, we are interested in the exchange landscape and wanted to do some research and share it with you. Here is a list of some of the more active DEX’s (Decentralized Exchanges) and CEX’s (Centralized Exchanges) and what fees/costs a trader might incur while using the exchange. Fees for most DEXs are slightly less than CEXs, but this can vary from exchange to exchange. These metrics do not account for any incentive/discount for holding a certain token, staking a token, VIP tiers or trading a certain volume amount. These fees account for a trader that is not taking part in any incentives or discounts and is only trading the first tier of volume. This article only covers exchanges and does not look at projects that are relays or swaps. In this article, we look at platforms that operate similarly to traditional exchanges utilizing order books.

    Terminology:
    Maker is someone that puts up an order on the exchange. Taker is someone that takes that order to initiate the trade.

    — DEX’s —

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    DDEX:
    Maker Fee: 0.1%
    Taker Fee: 0.3%

    Additional Costs
    -When the order is matched the gas fee is split between the maker and taker.
    Wrapping ETH / Unwrapping WETH (in a very basic explanation, this is a process that allows a trader to trade ERC20 tokens with non-ERC20 tokens)
    -Enabling or Disabling a Token
    -Transferring a token to a different wallet (or withdrawing tokens)


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    Raisex:
    They require a phone or email to sign up. This seems in conflict with the purpose of a DEX
    Maker Fee: based on trading pairs
    Taker Fee: based on trading pairs
    Additional Costs
    Could not find any.


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    CoinLim:
    They require a phone or email to sign up. This seems in conflict with the purpose of a DEX
    Maker Fee: 0.1%
    Taker Fee: 0.1%
    Additional Costs
    Could not find any.


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    EOSex:
    They require an email sign-up. This seems in conflict with the purpose of a DEX
    Maker Fee: 0.1%
    Taker Fee: 0.1%
    Additional Costs
    Withdrawal fee is based on what cryptocurrency you are withdrawing.


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    Ethex:
    Maker Fee: 0.0
    Taker Fee: 0.0
    Additional Costs
    None.


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    IDEX:
    Maker Fee: 0.1%
    Taker Fee: 0.2% (also pays the ETH gas fee of the trade)
    Trade Cost 1.5x more in gas than the standard cost (this is to speed up the transaction)
    Additional Costs
    Users also pay gas fees to deposit and withdraw their funds from IDEX.


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    CryptoBridge:
    Maker Fee: 0.05%
    Taker Fee: 0.2%
    Additional Costs
    Could not find any.


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    ForkDelta:
    ForkDelta’s website is pretty vague, so this information was provided to me by someone on ForkDelta’s subreddit.
    Transaction Fee: Gas paid in ETH by the taker
    Taker Fee: 0.3%

    Additional Costs
    Users also pay gas fees to deposit and withdraw their funds from ForkDelta.



    EtherFlyer:
    Trade Fee: 0.2% (they are not specific as to who pays the trade fee.)

    Additional Costs
    User pays gas fee for depositing funds
    User pays .005 ETH withdraw fee



    Allbit:
    They require an email to sign up. This seems like a red flag for a DEX
    Maker Fee: 0.1%
    Taker Fee: 0.1%

    Additional Costs
    There is a flat deposit and withdraw fee that is determined by the coin/token that you are depositing/withdrawing



    Big Markets:
    Maker Fee: 0.15%
    Taker Fee: 0.15%

    Additional Costs
    Could not find any.

    — CEX’s —


    BitMax:
    Trading Fee: 0.01%

    Additional Costs
    If you are Margin Trading you pay a certain amount of interest. There is a withdraw fee that varies based on what cryptocurrency you are withdrawing. No deposit fee.



    Bithumb:
    Maker Fee: 0.15%
    Taker Fee: 0.15%

    Additional Costs
    If you are making a small deposit like .001 BTC, there is a fee. Small deposit fees are associated with other cryptocurrency deposits but not all of them. There is a withdraw fee that varies based on the cryptocurrency you are withdrawing.



    Binance:
    Maker Fee: 0.1%
    Taker Fee: 0.1%

    Additional Costs
    Withdraw fee that varies based on what cryptocurrency you are withdrawing. No deposit fee.



    Coinbase Pro:
    Maker Fee: 0
    Taker Fee: 0.3%

    Additional Costs
    Wire (USD)Deposit Fee: $10 USD Withdraw Fee: $25 USD
    SEPA (EUR)Deposit Fee: €0.15 Withdraw Fee: EUR€0.15 EUR



    BitMex:
    Perpetual Contracts Maker Fee: 0.025%
    Perpetual Contracts Taker Fee: 0.075%
    Traditional Futures Bitcoin (XBT) Maker Fee: 0.075%
    Traditional Futures Bitcoin (XBT) Taker Fee: 0.075%
    Traditional Futures (All other assets) Maker Fee: 0.05%
    Traditional Futures (All other assets) Taker Fee:0.25%

    Additional Costs
    Perpetual Contracts, such as, XBTUSD funding is exchanged between longs and shorts over discrete Funding Intervals. In "); background-size: 1px 1px; background-position: 0px calc(1em + 1px);">Trade History a positive amount means you paid funding for that Funding Interval; a negative amount means you received funding. BitMEX does not charge any fees on funding paid or received. A Hidden order always pays the taker fee. An Iceberg order pays the taker fee until the hidden quantity is completely executed, then it becomes a normal order and they will receive the maker fee for the non-hidden quantity.



    Kraken:
    Maker Fee: 0.16%
    Taker Fee: 0.26%
    Stablecoin Maker Fee: 0.2%
    Stablecoin Taker Fee: 0.2%
    Dark Pool Maker Fee: 0.36%
    Dark Pool Taker Fee: 0.36%

    Additional Costs
    There are Margin Fees that vary based on what cryptocurrency you are trading.



    OKEx:
    Spot Maker Fee: 0.1%
    Spot Taker Fee: 0.15%
    Futures Maker Fee: 0.02%
    Futures Taker Fee: 0.03%
    Perpetual Swap Maker Fee: 0.02%
    Perpetual Swap Taker Fee:0.07%

    Additional Costs
    Could not find any.



    KuCoin:
    Maker Fee: 0.1%
    Taker Fee: 0.1%
    GGC Maker Fee: 0.25%
    GGC Taker Fee: 0.25%

    Additional Costs
    Withdraw fee that varies based on what cryptocurrency you are withdrawing. No deposit fee.



    Poloniex:
    Maker Fee: 0.08%
    Taker Fee: 0.2%

    Additional Costs
    If you are a margin customer, you will pay interest to the lending customer based on the amount loaned. This interest will be paid to the lending customer when your position is closed. The interest rate is specified in the loan offer by the lender and you will be matched based on the maximum loan rate you specify. Poloniex will charge a fee of 15% of earned interest by the lending customer. When you withdraw assets from your wallet, Poloniex will charge a flat fee to cover the cost of broadcasting a transaction to the network. You must, therefore, have enough assets in your account in order to transfer the assets out, net of any withdrawal transaction costs.



    Mercatox:
    Trade Fee: 0.25%

    Additional Costs
    There is a withdraw fee which varies based on what cryptocurrency you are withdrawing. No deposit fee.



    Bitfinex:
    Maker Fee: 0.1%
    Taker Fee: 0.2%

    Additional Costs
    There is a withdraw fee which varies based on what cryptocurrency you are withdrawing. There is also a small deposit fee that is applied based on what cryptocurrency you are depositing.

    Thank you for taking the time read the article. We would also like to keep in touch so hit us up on one of our social media channels. Cheers to the future! ✌
     
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