BitShares Forum

Main => General Discussion => Topic started by: qun on September 11, 2017, 05:08:50 pm

Title: market fees
Post by: qun on September 11, 2017, 05:08:50 pm
Hi all,

This is probably a silly question, but I can't find detailed documentation about this. e.g. I want to trade on BTS:USD, aside from transaction fee, will I be charged with some extra fees on this market? And will we have the distinction of maker fee and taker fee as in other centralized exchanges?

Thanks,
Title: Re: market fees
Post by: JonnyB on September 11, 2017, 05:23:33 pm
Hi all,

This is probably a silly question, but I can't find detailed documentation about this. e.g. I want to trade on BTS:USD, aside from transaction fee, will I be charged with some extra fees on this market? And will we have the distinction of maker fee and taker fee as in other centralized exchanges?

Thanks,

you can view all fees here https://bitshares.org/wallet/#/explorer/fees
Title: Re: market fees
Post by: paliboy on September 11, 2017, 06:40:14 pm
Yes, you will pay not only fees for creating/cancelling limit order but also fee specific for given asset (0 for all committee-owned assets and BTS but 0.2% for OPEN.BTC).

There is no maker/taker distinction in fees but they could be assymetric, e.g. in OPEN.BTC:USD market (0 when buying USD but 0.2% when buying OPEN.BTC).
Title: Re: market fees
Post by: qun on September 12, 2017, 01:31:31 am

you can view all fees here https://bitshares.org/wallet/#/explorer/fees

I understand the each transaction needs some fees, I'd like to know more about market specific fees.
Title: Re: market fees
Post by: qun on September 12, 2017, 01:32:49 am
Yes, you will pay not only fees for creating/cancelling limit order but also fee specific for given asset (0 for all committee-owned assets and BTS but 0.2% for OPEN.BTC).

There is no maker/taker distinction in fees but they could be assymetric, e.g. in OPEN.BTC:USD market (0 when buying USD but 0.2% when buying OPEN.BTC).

Thank you, the info is useful, but where can I get this 0.2% info for other assets?
It's interesting to hear about the asymetric fees, more documentation about this?
Title: Re: market fees
Post by: qun on September 12, 2017, 01:57:09 am
Yes, you will pay not only fees for creating/cancelling limit order but also fee specific for given asset (0 for all committee-owned assets and BTS but 0.2% for OPEN.BTC).

There is no maker/taker distinction in fees but they could be assymetric, e.g. in OPEN.BTC:USD market (0 when buying USD but 0.2% when buying OPEN.BTC).

Thank you, the info is useful, but where can I get this 0.2% info for other assets?
It's interesting to hear about the asymetric fees, more documentation about this?

I think I figure out the percent info from the explorer: https://bitshares.org/wallet/#/asset/OPEN.BTC :)
Title: Re: market fees
Post by: moinyoin on September 12, 2017, 02:00:00 am
don't miss the detail at bottom of http://cryptofresh.com/fees

Unfilled orders, when canceled, receive a 100% refund on fees.

Claim refund on vesting page.
Title: Re: market fees
Post by: qun on September 12, 2017, 06:48:04 am
don't miss the detail at bottom of http://cryptofresh.com/fees

Unfilled orders, when canceled, receive a 100% refund on fees.

Claim refund on vesting page.

Thank you. does cyrptofresh work on your side? Lately it's always showing "Chain reload in progress"...