Bitcoin and cryptocurrency exchange Bitfinex today announced the addition of new fee tiers for users, designed to reward traders and encourage the continuous addition of liquidity across the Bitfinex platform.
The fee tiers below show the new additions to the existing fee schedule; fee tiers for 30-day volumes below 300,000,000 USD equivalent remained unaffected.
The fee tiers allow Bitfinex to remain competitive by providing high-volume traders and liquidity providers with access to some of the lowest trading fees in the industry.
The Bitfinex team said:
“At Bitfinex we take the integrity of our fee structure extremely seriously. No user, token, project, or employee receives special treatment on our platform and we do not offer undisclosed preferential fee discounts to inflate volumes. Cryptocurrency markets are often riddled with non-organic volumes designed to kickstart illiquid markets or establish market dominance, much to the disadvantage of the greater trading community, and we firmly oppose this practice. The integrity of our fee structure will always be of paramount importance, regardless of consequences associated with this approach.”
The new fee tiers are highlighted below:
|EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT)||MAKER FEES||TAKER FEES|
|$0.00 or more traded||0.100%||0.200%|
|$500,000.00 or more traded||0.080%||0.200%|
|$1,000,000.00 or more traded||0.060%||0.200%|
|$2,500,000.00 or more traded||0.040%||0.200%|
|$5,000,000.00 or more traded||0.020%||0.200%|
|$7,500,000.00 or more traded||0.000%||0.200%|
|$10,000,000.00 or more traded||0.000%||0.180%|
|$15,000,000.00 or more traded||0.000%||0.160%|
|$20,000,000.00 or more traded||0.000%||0.140%|
|$25,000,000.00 or more traded||0.000%||0.120%|
|$30,000,000.00 or more traded||0.000%||0.100%|
|$300,000,000.00 or more traded||0.000%||0.090%|
|$1,000,000,000.00 or more traded||0.000%||0.085%|
|$3,000,000,000.00 or more traded||0.000%||0.075%|
|$10,000,000,000.00 or more traded||0.000%||0.060%|
|$30,000,000,000.00 or more traded||0.000%||0.055%|