Remarkable: Bitcoin avoid taker fee
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Bitcoin avoid taker fee - answer
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Quidax makes it easy to buy, sell, trade and store cryptocurrencies. The fees we charge are transparent and easy for you to check at any time.
We also charge one of the lowest fees in Nigeria. And have zero hidden fees.
Here's a list of fees we charge:
Naira Deposit Fee
Quidax only charges a fee for local currency deposits in cases where we incur costs to receive your funds.
Currency | Method | Fee |
NGN | Pay with Bank Transfer | NGN150 |
NGN | Card deposit via Rave | 1.4% (Max N2,000) |
NGN | Bank Deposit via Rave | Free (N500,000 and above) Takes 30 minutes - 1 hour for confirmation. |
NGN | USSD deposit via Rave | 1.4% (Max N2,000) |
Naira Withdrawal Fees
When you withdraw local currency from Quidax to your bank account, a small fee may apply. This admin fee is levied by our financial partners.
Currency | Method | Fee |
NGN | Rave by Flutterwave | N100 |
Fee for receiving Cryptocurrency
It is free to receive cryptocurrencies on Quidax.
Cryptocurrency Send fees
Send fees are regularly adjusted to blockchain conditions. However, to serve our customers, we have enabled a feature that allows our users to send free[a] to other Quidax customers by using their email address or phone number.
Please see below:
Coin/Token | Coin Name | Minimum Send Amount | Send Fees |
BTC | Bitcoin | 0.0006 | 0.0004 |
LTC | Litecoin | 0.003 | 0.002 |
ETH | Ethereum | 0.006 | Dynamic* |
USDT | USDT | 1 | Dynamic* |
XRP | XRP | 2 | 0.12 |
TRX | Tron | 1 | Free |
BCH | Bitcoin Cash | 0.002 | 0.001 |
DASH | DASH | 0.03 | 0.02 |
Trade fees
We apply a maker-taker fee model on Quidax. The fees we apply are uniform across all pairs.
A Maker fee is when you create an order on the order book (this could be a buy or a sell) and someone else completes it, in this case, you'll not pay any fees and get the amount paid. The person that completed your order pays the fee.
Taker fee is paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. If you buy or sell using a market order, you will pay the taker fee because a market order immediately removes liquidity (other traders' offers) from the order book.
Maker fees | Taker fees |
0% | 0.3% |
Instant Buy/Sell fees
To make it easier for our customers to buy/sell cryptocurrency, we created an instant buy/sell feature. This feature allows you to instantly buy Bitcoin, Litecoin, Ethereum, XRP and USDT at the current exchange rate.
The fee for using this service is typically between 1%.
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