CEX.IO launched Bitcoin Gold trading
[XRP] & [BTG] Trading and [New Fee Schedule] on CEX.IO
The Most Important News
We would like to inform you about important CEX.IO updates.
1. BTG Trading Enabled
LIVE CRYPTO RATES FOR TODAY
We have launched Bitcoin Gold trading, which was expected for so long after the hard fork. The available pairs include:
BTG/USD;
BTG/EUR;
BTG/BTC.
Please, note that BTG deposits and withdrawals will be enabled later.
CEX.IO launched Bitcoin Gold trading
After the fork, there were numerous concerns about the coin. We would ask you to be very cautious when making transactions involving BTG. You can find more information on our blog.
2. XRP Trading Launch
We are also excited to introduce an opportunity to deposit and trade Ripple (XRP). Withdrawals will be enabled later. In any case, now you are able to trade the following pairs:
XRP/USD;
XRP/EUR;
XRP/BTC.
XRP is currently among the largest cryptocurrencies by market capitalization. It has solid support of investors, fast operations, and potential for institutional use. Learn more about it on our blog.
3. The Change of Fees
We are constantly improving our services and want to introduce the new fees that will help us to continue positive changed. They will start at 1:00 PM UTC on December 13, 2017.
The fees are as follows:
Trade Volume (30 days) | Taker fee | Maker fee |
---|---|---|
≤5 | 0.25% | 0.16% |
≤30 | 0.23% | 0.15% |
≤50 | 0.21% | 0.13% |
≤100 | 0.20% | 0.12% |
≤200 | 0.18% | 0.10% |
≤1,000 | 0.15% | 0.08% |
≤3,000 | 0.13% | 0.04% |
≤6,000 | 0.11% | 0.00% |
>6,000 | 0.10% | 0.00% |
Find more information about this news as well as learn about takers and makers here.
Fees Explained
Please, note that we have kept the connection between the trading volume and the charges imposed on the users. So, the more you trade over 30 days, the smaller fees you pay for the completed orders.
At the same time, we continue to calculate fees according to the taker-maker scheme. The makers will be granted a small benefit in the form of lower charges when compared to the takers.
What Taker and Maker Means?
Each executed order involves two parties: the maker and the taker.
The taker is the person whose order matches the one already available on the market. Basically, the takers just come and have their orders completed, which reduces market liquidity.
The maker is the one who places an order and waits until it is executed. Such orders add the liquidity to the market as they stay in the order book and await the execution.