Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][EXCHANGE] WCX – Low-Cost Crypto Exchange built by Apple & Wall St team
by
metgohan
on 22/09/2017, 04:59:35 UTC
How do you calculate those fees? poloniex for instance has 0.15%/0.25% maker/taker fees. Not to mention they go down the more you trade

Poloniex: 0.15% + 0.25% = 0.4%
Bittrex: 0.25% + 0.25% = 0.5%
WCX: -0.05% + 0.15% = 0.1%

For WCX the maker fee is a payment to the maker, not a charge.

that is not how maker taker fees work both parties may be makers or takers in a trade. It is about making or removing liquidity. But ok 0.15% vs 0.25% taker fees, and no maker fees are decent not earth shattering

That is how they work. Seems like you're unfamiliar with trading fees. Here's a primer: https://money.stackexchange.com/questions/63044/maker-taker-fees-can-somebody-explain-in-plain-english

On WCX the maker is PAID the maker fee, while on other exchange the maker is CHARGED the fee.