How is the Transaction Fee Determined?
Transaction fee rates are applied in two different ways as
market maker and market taker. These;
Market Maker: It is the role taken when the entered order
does not match a counter-order in terms of price. In other words, a buy order
placed at a price lower than the lowest selling price or a sell order placed at
a price higher than the highest bid price is recorded as a Primary Dealer. The
market maker role is assumed in transactions that provide board depth, as they
are not realized at the time the order is given.
Market Taker: It is the role taken when the entered order
instantly matches with a counter-direction order at the current price. Orders
placed in the Market Order type are instantly matched to the Market Buyer role.
In this case, the user can instantly convert their assets by simply entering
In the market order, the system continues to automatically
match, starting with the best orders, regardless of the price, until you complete
the amount you set. For this reason, for the Market Order type, buying and
selling may occur above or below the current price, and the amount you specify
may not be bought or sold.
What is the Transaction Fee?
Users are charged a transaction fee for transactions made on digital asset trading platforms. In Bitexen, a certain amount of transaction fee is applied in the buying and selling transactions made in PRO-featured trading pairs. No transaction fee is ...
How is the Transaction Limit Determined?
Transaction limits can be dynamically updated in order to be protected from sudden price changes in cryptocurrencies. In this case, you can buy or sell within the limits. Contact / Follow us on:
What is Transaction Limit?
Since the cryptocurrency market has high volatility, the transaction limits in our Instant Trade structure are determined by taking into account the current price at the time of the transaction. Therefore, transaction limits may change. We ask our ...
How Are Cryptocurrency Transfer Fees Determined?
Cryptocurrency transfer fees are determined by blockchain networks, according to the transaction density and the size of the transaction. Contact / Follow us on:
What is Transaction Commission Rate
When your order is fulfilled, a certain amount of transaction fee is charged for trading in PRO-enabled trading pairs on our platform. Transaction fee rates are applied in two different ways as market maker and market taker. Market Maker Commission ...