Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
Regarding this new "maker/taker" model, aren't those who provide the liquidity (i.e. those whose orders end up on the books) supposed to get a portion of the fee paid by those who take from the book? This is the first time I've seen a "maker/taker" model described as both parties pay a fee with one just paying a lower fee. This would seem to benefit Bitfinex a lot more than it would benefit traders, and I think it's going to end up creating a price divergence on this platform from other exchanges.
A true maker/taker model (I think, and I'm no expert) should look like this:
Market makers receive 1/2 the fee paid by maker takers.
Market takers pay .3% fee (so Bitfinex receives .15%, and the market maker receives .15%).
This is how you "incentivize" being a market maker.
A true maker/taker model (I think, and I'm no expert) should look like this:
Market makers receive 1/2 the fee paid by maker takers.
Market takers pay .3% fee (so Bitfinex receives .15%, and the market maker receives .15%).
This is how you "incentivize" being a market maker.
this!
Thought about something similar but your idea seems to be an even better approach.
That fee structure would be a really incentive for being a market maker.
What´s your opinion Rapha/Giancarlo
? I'm not a trader, so i might be wrong, but doesn't the new fee structure already incentivize being a market maker? A market maker only pays half the fee (or less, if you trade a lot) compared to a market taker, that looks like a big incentive to me.
mediocre incentive -> pay less fees then a market taker
but now think about the situation where some part of the fees taken from the market takers doesn´t disappear in bitfinex pockets but instead are distributed among the market makers.
= very huge incentive
