Q: Are mainnet trading fees (Maker/Taker Fees) the same as testnet settings? What are the specific rates?
- A: Mainnet fees are charged in real-time. Specific rates are as follows:
- Spot: Taker 0.0700% / Maker 0.0400%
- Futures: Taker 0.0450% / Maker 0.0150%
Q: How does the number of trading pairs on the mainnet differ from the testnet?
- A: The number of trading pairs on the mainnet may be more streamlined during its initial launch phase, initially supporting only major trading currencies. The number of mainnet trading pairs will gradually increase over time.
Q: What are ‘Taker’ and ‘Maker’? Why do they have different fees?
- A:
- Taker: When you place an order that immediately executes against existing orders in the order book (e.g., a market order), you are a Taker. You “take” liquidity from the market.
- Maker: When you place a limit order that does not execute immediately and enters the order book to await execution, you are a Maker. You “create” liquidity for the market.
- Fee Difference: To incentivize users to provide liquidity, platforms typically set lower fees for Makers.
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