The itBit Exchange offers a simple fee structure with low rates and the opportunity for retail and institutional customers to trade commission-free. Our maker-taker fee model ensures that we are operating with a deep liquidity pool, which allows for better price discovery and a favorable trading environment for all customers.
All maker orders (resting orders that add liquidity to the exchange) are eligible for rebates, and taker orders are charged fees according to the following tiered approach, based on 30-day rolling volumes (USD):
Please refer to the below table for our full fee structure.
|0 - 600k||0 - 550k||0 - 900K||35.00||(3.00)|
|600k - 3MM||550k - 2.5MM||900k - 4.5MM||25.00||(3.00)|
|3MM - 15MM||2.5MM - 14MM||4.5MM - 22.5MM||17.50||(3.00)|
|15MM - 60MM||14MM - 55MM||22.5MM - 90MM||10.00||(3.00)|
Maker Order: Orders that provide a rebate as these trades provide liquidity to the order book. You become a “maker” when you place an order and it does not execute immediately, instead, the order is placed on the order book until another counterparty matches the other side of the trade. This can be done “Post-Only” order type or occasionally using the “Limit” order type, depending on how the order is placed.
Take Order: Orders that take away liquidity from the order book and thus will incur a fee. You become a "taker" when you place an order that executes immediately and matches with an existing order on the order book. This can be done using the “Market” order type or occasionally using the “Limit” order type, depending on how the order is placed.