Difference between revisions of "Trading fees"

From Bisq Wiki
Jump to navigation Jump to search
m
(edit for clarity, accuracy (order --> offer), and aesthetics (align image with table on left))
Line 1: Line 1:
Trading fees are paid to fund the Bisq [[DAO]] when making or taking an order. Fees can be paid in BSQ or BTC. Bisq encourages you to use [[BSQ]] (this helps fund Bisq development) by offering a discount of approximately 50%. The discount fluctuates with the BSQ/BTC market. To keep the 50% discount, trading fees are [[update BSQ trading fees | updated]] every cycle when necessary.
+
'''Trading fees''' are paid to fund the [[DAO | 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, trading fees are [[update BSQ trading fees | updated]] every cycle as necessary.
  
 
{| class="wikitable"
 
{| class="wikitable"
Line 17: Line 17:
 
|}
 
|}
  
Before making or taking an order, an option to pay trading fees in BTC or BSQ is displayed, together with the amount to pay and fiat equivalent.
+
Users choose how they'd prefer to pay trading fees while making or taking an offer. BSQ and BTC amounts (and fiat equivalents) are shown.
  
[[File:Takeoffer.png|thumb|center|500px]]
+
[[File:Takeoffer.png|thumb|left|500px]]
  
  

Revision as of 15:28, 7 April 2020

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, trading fees are updated every cycle as necessary.

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

Users choose how they'd prefer to pay trading fees while making or taking an offer. BSQ and BTC amounts (and fiat equivalents) are shown.

Takeoffer.png