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. 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 orderbook until another counterparty matches the other side of 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 orderbook. This can be done using the “Market” order type or occasionally using the “Limit” order type, depending on how the order is placed.