Published on December 8th, 2015 | by bitcoin0
Trade more Bitcoin with less fees: Coinable
San Francisco-based bitcoin exchange Coinbase has announced a volume-based rebate system for trades put on the Coinbase Exchange.
The Company will continue to implement the maker-taker fee structure on the trades, but the traders will receive daily rebate benefits on trading more bitcoin on the bitcoin exchange.
A trader’s 30-day bitcoin exchange volume relative to the total exchange volume will determine the amount of the daily rebate.
Coinbase used to charge a 0.25% taker’s fee on each trade during the day.
When a trade is not immediately executed, the order is put on the order book to be filled.