Gleec BTC Exchange employs the “maker-taker” model with the purpose of maxim- ising liquidity and narrowing the spread on cryptocurrency markets. With our system, “makers” are encouraged to keep adding liquidity to the market.
The chief aim of maker-taker fees is to stimulate trading activity within an exchange by extending the incentive to post orders and facilitating trading.
On Gleec BTC exchange, "Takers" are charged fees according to Trading Fee Tiers. In our maker-taker model, the "taker" is a trader who removes the liquidity from the book by placing an order that matches immediately with an existing order on the book. The taker pays the fee from the committed trade.
The "maker" is a trader who provides liquidity to the order book by placing a limit order below the best ask price for the buy and above the best bid price for the sell.
For upgraded accounts we utilize a trading fee tier system, rewarding comm unity members for high volume trading. Simply put, the more the user trades the lower their trade fees will be. Each user's volume will be calculated based on their total amount traded, in BTC equivalent at the time of the trade. Our fees are among the most competitive on the market.
The fees for Starter and General accounts are fixed at 0.1%
Maker Fee and 0.25% Taker Fee.
Tier | 30-days Trading Volume (BTC) | Maker Fee | Taker Fee |
---|---|---|---|
1 | ≥ 0 BTC | 0.09% | 0.09% |
2 | ≥ 10 BTC | 0.07% | 0.08% |
3 | ≥ 100 BTC | 0.06% | 0.07% |
4 | ≥ 500 BTC | 0.05% | 0.07% |
5 | ≥ 1000 BTC | 003% | 0.06% |
6 | ≥ 5000 BTC | 0.02% | 0.06% |
7 | ≥ 10000 BTC | 0.01% | 0.05% |
8 | ≥ 20000 BTC | 0% | 0.04% |
9 | ≥ 50000 BTC | -0.01% | 0.03% |
10 | ≥ 100000 BTC | -0.01% | 0.02% |