Each transaction will be charged a maker fee and a taker fee. The maker is defined as the trader who provides liquidity to the order book by placing a limit order below the best ask price for the buy and above the best bid price for the sell. The taker removes the liquidity from the order book by placing an order that matches an existing order in the order book.
The trading fee for each transaction will be paid in the quote currency of the transaction.
The trading fee follows the structure below:
* Market makers are users designated by ProBit Exchange who supply market liquidity.
ProBit Exchange is currently running a promotional discount program exclusively for experienced market makers. [You can apply here]
Payment with PROB
If paying the trading fee with PROB, the transaction is eligible for a discount of 10%-50% on the trading fee. The amount of discount is dependent on the PROB loyalty tier of the trader. More information on the tiers can be found here.
Changes to Fee Structure
Any changes to the fee structure is up to the sole discretion of ProBit. As market conditions change, ProBit can and will change the fee structure to provide the most economical solution for the platform and traders. The adjustment to fee structure will be announced in advance so traders can adjust their investment strategy.