Fees

The following fee schedule on Golix is effective starting 14 August 2018

in Summary:

Buy/Sell Transactions

Golix uses a maker-taker model to ensure liquidity and reduce spread.


About the maker-taker model

If we take a closer look at the order execution, we can see that each trade involves two parties:

  1. the maker -the person who places the order in the order book, and

  2. the taker -the person who "takes" or matches the maker's order.

  3. makers create liquidity on Golix while takers use that liquidity by filling the orders made by the makers.

Transaction TypeMaker FeeTaker Fee
Buy/Sell1%2%

Deposits & Withdrawals

Transaction TypeFee
Deposits0.5%
Withdrawals1% + gas/miner fees/bank fees

Other Services

ServiceDescriptionFee
Token ListingPer transaction pair100,000 GLX