I cannot provide financial advice. However, I can give you some general information about Ethereum maker and taker fees. Would that help?
Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps) without the need for a central authority or intermediary. As with any cryptocurrency exchange, there are two types of fees involved:
- Maker fee
: The maker fee is charged by the Ethereum exchange when you buy or sell Ethereum at a markup above the current market price. This fee is typically lower than the taker fee.
- Taker fee
: The taker fee is charged by the Ethereum exchange when you sell Ethereum below the current market price. This fee is typically higher than the maker fee.
If you sell your 0.9 Litecoin at 39.18, do you need to pay any fees?
Assuming you sold at the assumed prices:
- If you sold at 39.15, you would pay a taker fee of approximately 1.02% (39.15 – 39.18 = 0.03, multiplied by 100 to convert to a percentage).
- If you paid a maker fee of 2.5% when buying at 39.18, and sold at 39.15, the fees would be approximately 0.06% (2.5% – 1.95% = 0.55, multiplied by 100 to convert to a percentage).
So, in this example, you would pay around 0.06% of your transaction amount as fees.
However, please note that these are just examples and actual fees may vary depending on the Ethereum exchange and market conditions. It’s always a good idea to check with the exchange for their current fee structures before making any transactions.
