Bitfinex Updated Fee Structure

August 3, 2018

One of the most popular cryptocurrency exchanges Bitfinex announced changes of in the charging system for the most active and affluent customers of the platform.

The exchange says in the announcement: 

"We are pleased to announce the addition of new fee tiers to Bitfinex, designed to reward traders and encourage the continuous addition of liquidity to maintain competitive markets across our platform. These additions are a further demonstration of our commitment to delivering the most innovative and rewarding experience for traders on Bitfinex."

From now on, the largest traders of the platform will have to pay the following fees:

If the trading volume of a trader exceeds $300 million in 30 days, this trader will pay a 0% maker fee and a 0,095% taker fee. It could be seen that taker fees are lower, if the trading volume exceeds $1 billion and more. 

It should also be noted, that Bitfinex did not change trading fees for other users of the platform.

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