Difference between revisions of "Trading fees"
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m (Update after Cycle 21) |
m (Update for cycle 23) |
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Line 12: | Line 12: | ||
!Maker | !Maker | ||
|0.001 | |0.001 | ||
− | | | + | |8.66 |
|- | |- | ||
!Taker | !Taker | ||
|0.007 | |0.007 | ||
− | | | + | |60.59 |
|} | |} | ||
Revision as of 08:59, 15 March 2021
Trading fees are paid to fund the Bisq DAO when making or taking an offer. Fees can be paid in BSQ or BTC.
Bisq encourages traders to use BSQ by offering a discount of approximately 50%, since BSQ fees help fund Bisq's development. This discount fluctuates as the BSQ/BTC rate fluctuates. To maintain the 50% discount target, trading fees are updated every cycle as necessary.
BTC | BSQ | |
---|---|---|
Maker | 0.001 | 8.66 |
Taker | 0.007 | 60.59 |
Total trading fees paid in BTC is 0.8%, 0.1 by maker and 0.7 by taker. Total trading fees paid in BSQ is ~0.4%, 0.05% for maker and 0.35% for taker.
Traders choose how they'd prefer to pay trading fees while making or taking an offer. BSQ and BTC amounts (and fiat equivalents) are shown.