When placing an order on the Coinmetro Exchange, you would either incur a taker or maker fee. So, what is the difference between the two?
Taker Orders
Clients who place an order that is filled immediately, such as a market order will be charged a taker fee. These orders take liquidity from the order book, and as such are called takers.
Takers on the Coinmetro Exchange or Margin Platforms will be charged a fee of 0.06-0.1% depending on their Level. Learn more
Maker Orders
A maker order is a limit order which rests in the order book for any period of time. This terminology comes from the fact that placing limit orders on the books helps to “make the market,” which makes you a “market maker”.
Makers are charged a fee of 0.005-0.10% depending on their Level.
On the Margin Platform, you will be charged a 0.1% fee for the entry of the trade and a 0.1% fee for the exit of the trade.
Maker and Taker Fees
Level | Maker Fee | Taker Fee |
Level 0 (Regular Fee) | 0.10% | 0.20% |
Level 1 | 0.10% | 0.20% |
Level 2 | 0.10% | 0.15% |
Level 3 | 0.05% | 0.15% |
Level 4 | 0% | 0.10% |
Level 5 | 0% | 0.09% |
Level 6 | 0% | 0.08% |
Level 7 | -0.005% | 0.07% |
Level 8 | -0.005% | 0.06% |
The XCM Token Utility
100% of all the trading fees will be used to purchase XCM directly from the market, and up to 50% will be time vaulted and taken out of the supply. As the trading volume increases, so will automated market buying.