Difference between revisions of "Trading fees"

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When paying the trading fees on Bisq you’ll notice a toggle to pick between BTC trading fees and BSQ trading fees.
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=== Trading fees ===
  
[[File:Takeoffer.png|thumb|left|500px]]
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Trading fees are paid to fund the Bisq [[DAO]] when making or taking an order. Fees can be paid in [[BSQ]] or BTC, although Bisq encourages to use BSQ offering a discount of around 50% that will fluctuate toghether with BSQ/BTC market. To keep the 50% discount, trading fees will be [[update trading fees | updated]] every cycle when necessary.
  
<br clear=all>
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{| class="wikitable"
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|+ Trading Fees per 1 BTC
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|-
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!
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!BTC
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!BSQ
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|-
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!Maker
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|0.001
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|5.75
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|-
 +
!Taker
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|0.007
 +
|40.25
 +
|}
  
BSQ is colored bitcoin that funds and governs Bisq. Remember, Bisq is a network run by software — not a company run by a CEO — but decisions still need to be made and developers still need to be paid. BSQ colored bitcoin and the Bisq DAO achieve these functions for the Bisq network without a corporate entity, legal jurisdiction, or any designated "leadership".
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Before making or taking an order, a toggle to pick between pay trading fees in BTC or BSQ is displayed, together with the amount to pay and its fiat equivalent.
  
There was never an ICO, just [[https://docs.bisq.network/dao/phase-zero.html extensive conception]], development, and testing over 4+ years to make it a reality.
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[[File:Takeoffer.png|thumb|center|500px]]
  
'''Using BSQ is optional'''. But buying BSQ pays Bisq’s developers and makes the project sustainable, so it’s encouraged, and this is reflected in trading fees—BSQ fees are considerably lower than BTC fees.
 
  
If you’d like to give BSQ a try, [[https://docs.bisq.network/getting-started-dao-traders.html see how you can get some]]. For more on the Bisq DAO, see [[https://www.youtube.com/playlist?list=PLFH5SztL5cYPAXWFz-IMB4dBZ0MEZEG_e these videos]] or this [[https://docs.bisq.network/user-dao-intro.html doc]].
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<!--- <br clear=all> BSQ is colored bitcoin that funds and governs Bisq. Remember, Bisq is a network run by software — not a company run by a CEO — but decisions still need to be made and developers still need to be paid. BSQ colored bitcoin and the Bisq DAO achieve these functions for the Bisq network without a corporate entity, legal jurisdiction, or any designated "leadership". There was never an ICO, just [[https://docs.bisq.network/dao/phase-zero.html extensive conception]], development, and testing over 4+ years to make it a reality. '''Using BSQ is optional'''. But buying BSQ pays Bisq’s developers and makes the project sustainable, so it’s encouraged, and this is reflected in trading fees—BSQ fees are considerably lower than BTC fees. If you’d like to give BSQ a try, [[https://docs.bisq.network/getting-started-dao-traders.html see how you can get some]]. For more on the Bisq DAO, see [[https://www.youtube.com/playlist?list=PLFH5SztL5cYPAXWFz-IMB4dBZ0MEZEG_e these videos]] or this [[https://docs.bisq.network/user-dao-intro.html doc]].--->
  
  
  
 
[[Category:Features]]
 
[[Category:Features]]

Revision as of 10:05, 28 March 2020

Trading fees

Trading fees are paid to fund the Bisq DAO when making or taking an order. Fees can be paid in BSQ or BTC, although Bisq encourages to use BSQ offering a discount of around 50% that will fluctuate toghether with BSQ/BTC market. To keep the 50% discount, trading fees will be updated every cycle when necessary.

Trading Fees per 1 BTC
BTC BSQ
Maker 0.001 5.75
Taker 0.007 40.25

Before making or taking an order, a toggle to pick between pay trading fees in BTC or BSQ is displayed, together with the amount to pay and its fiat equivalent.

Takeoffer.png