In BCB Exchange we have made the fees very simple to understand and transparent, so you are in full control. There is a taker and a maker fee plus any fees related to the POW or blockchain dynamics that is out of our control.
When you place a sell order at the market price that gets filled immediately, you are considered a taker and will pay a fee of 0.9%.
When you place a sell order, which is not immediately matched by an existing order, that order is placed on the order book. If another customer places an order that matches yours, he is the maker and you are considered the taker and you will pay a fee of 0.9%. Fee do not include mining fees for blockchain POW or consensus mechanics.
When you place a buy order at the market price that gets filled immediately, you are considered a maker and will pay a fee of 0.1%.
When you place a buy order, which is not immediately matched by an existing order, that order is placed on the order book. If another customer places an order that matches yours, he is the taker and you are considered the maker and you will pay a fee of 0.1%. Fee do not include mining fees for blockchain POW or consensus mechanics.
The trading fee is charged because we are providing our users with safe and high-quality services, and therefore have to pay the necessary service fees. The payment will be devoted to providing users with safer, more convenient, and professional trading experiences. When a trader’s order gets fulfilled, the fee the exchange charged will be included in the realized profit and loss.
For example, you buy 0.5 BTC and price is matched at 4530€. You as maker (buyer) will pay the 0.1% BTC fee (and POW mining fees as they are at the time). In this example you pay 0.0005 BTC (equals to 4.53€ value BTC). Your BTC wallet will receive 0.4995 BTC (minus POW mining fees).
For example, you sell 0.5 BTC and price is matched at 4530€. You as taker will pay the 0.9% EUR fee on the amount received. In this example you pay 40.77€. Your EUR wallet will receive 4489.23€.