The following fee schedule on Golix is effective starting 14 August 2018
Golix uses a maker-taker model to ensure liquidity and reduce spread.
If we take a closer look at the order execution, we can see that each trade involves two parties:
the maker -the person who places the order in the order book, and
the taker -the person who "takes" or matches the maker's order.
makers create liquidity on Golix while takers use that liquidity by filling the orders made by the makers.
|Transaction Type||Maker Fee||Taker Fee|
|Withdrawals||1% + gas/miner fees/bank fees|
|Token Listing||Per transaction pair||100,000 GLX|