CoinTiger transaction fee adjustment announcement

Fellow CoinTiger users,

CoinTiger will implement a new transaction fee system on 2018/09/29 18:00 AM (UTC+8).

The new transaction fee is adjusted to 1.5‰ for the taker and 0.8‰ for the maker. Please be informed.

Taker: When you place an order that is immediately filled in its entirety (for example a market order) you are a “taker,” and you pay a “taker” fee for this. The idea is that you are “taking” the price you want, right now, generally by buying or selling limit orders sitting on the books.

Maker: When you place an order that doesn’t fill immediately (for example a limit order far from market price), you are a “maker,” and you can expect to pay a reduced “maker” fee for this. As noted above, this terminology comes from the fact that placing limit orders on order book helps to “make the market,” (it makes you a “market maker”).

Thank you for your support.

CoinTiger team

2018/9/29