Maker / Taker Fees for Free Trading?
Better than free trading is negative fee trading!
THE Vaultoro Crypto TRADING Fee Schedule:
The Vaultoro fee schedule is based on a maker / taker model. For a full explanation of what a maker and a taker is see the explanation at the bottom of this page.
Crypto / Crypto trading pairs
|Maker (negative trading fee)||Taker|
|You Earn 0.05% per trade||0.05%|
Negative trading fees like -0.05 means that you earn 0.05% per trade instead of paying a fee. This happens if you are a making the market, for an explanation of what a maker and what a taker is please see below.
Gold / SILVER trading pair Fee Schedule
|30 Day Volume||Maker||Taker|
|€0 - €5,000||0.5%||0.5%|
|€5,001 - €25,000||0.450%||0.475%|
|€25,001 - €100,000||0.400%||0.450%|
|€100,001 - €1,000,000||0.350%||0.425%|
|€1,000,001 - €5,000,000||0.000% FREE||0.400%|
|≥ €5,000,000||You earn 0.100% (-0.1%) per trade||0.375%|
VAULT STORAGE FEES
All storage fees include insurance, auditing and vaulting
|FREE||0.04% Per Month||0.1% Per Month|
CRYPTO FEE SCHEDULE
|Asset||Minimum Deposit||Address Set up Fee||Deposit Fees||Minimum Withdrawal||Maximum Daily Withdrawal Limit||Withdrawal Fee|
|Bitcoin||No min||Free||Free||0.0005 BTC||5 BTC||0.00015 BTC|
|Ether||No min||Free. Limited to 1 per account||Variable on-chain fee||0.004 ETH||50 Ether||0.0017 ETH|
|Chainlink||1.5 LINK||0.15 LINK||0.12 LINK||0.12 LINK||100 LINK||1.4 LINK|
|Dai||35 DAI||5 DAI||5 DAI||5 DAI||5000 DAI||2.5 DAI|
|Tether||35 USDT||5 USDT||5 USDT||5 USDT||5000 USDT||2.5 USDT|
|USDC||35 USDC||5 USDC||5 USDC||5 USDC||5000 USDC||2.5 USDC|
|Uniswap||2 UNI||0.5 UNI||0.5 UNI||2.2 UNI||150 UNI||0.6 UNI|
What is a Market Maker?
If you go to a marketplace and set up a hotdog stand, you put a price on the hotdogs and wait for customers to buy your hotdog. This means you are “market making” hotdogs. This is the same on exchanges, if you come to Vaultoro with some Bitcoin and put them up for sale for gold then you are a market maker.
Technically speaking, a Market Maker is a user who places a “limit order” in the order book that is waiting to be executed. They act as a liquidity provider:
At Vaultoro market makers get a better deal to promote people filling up the orderbook and creating a more liquid market.
What is a Market Taker?
If you go to the market, walk up to the hotdog stand and buy a hotdog for the price they ask then you are a “Market Taker”. On exchanges like Vaultoro, if you come and buy someone’s order in the order-book for a price they ask then you are a Market Taker:
Once two parties (a maker and a taker) have agreed on the same price and amount the order will be immediately executed, removing liquidity from the market. On Vaultoro you pay a very small fee if you take from the market.