Thread: Money Bitcoin Take?
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Old 01-26-2018, 12:10 AM   #1350
Shaid Shaid is offline
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Join Date: Nov 2006
Casino cash: $2965783
Quote:
Originally Posted by Pawnmower View Post
Well...my understanding with GDAX is essentially one party always pays a fee. If you place an order that is immediately filled...you pay fee. (You fill someone elses order)

If you place an order...and someone fills it, they pay the fee.

So unless you always wait for someone to fill your orders, youll end up paying fees.
That's true. It's limit buying but most of the time you can set one and get it bought within a minute or two. I kind of like setting a low limit buy down to where I think it'll drop to and then placing a sell limit on how high I think it'll go. If you want an instant buy because your afraid some big increase or decrease is going to happen, you can do it. It's a 0.25% fee on Bitcoin, 0.3% on LTC and ETH.
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