When placing an order on the Coinmetro Exchange Platform, you would either incur a taker or maker fee. So, what is the difference between the two?
Clients who place an order that is filled immediately, such as a market order will be charged a taker fee. These orders take liquidity from the order book, and as such are called takers. Takers on the Coinmetro Exchange will pay a commission of 0.10%.
A maker order is a limit order which rests in the order book for any period of time. This terminology comes from the fact that placing limit orders on the books helps to “make the market,” which makes you a “market maker”.
Makers pay no commission on the Exchange Platform, and the maker fee is 0%. For Margin trades, you will be charged 0.1% fee for the initial and subsequent trade (in and out of the trade), equalling 0.2% total.
Earn XCM from Trading
Staking your XCM at Coinmetro enables traders to earn XCM rebates from their trading fees, among other benefits. Up to 25% of taker fees can be paid back in XCM, and makers can earn up to 50% of the taker's net fees.
The XCM Token Utility
100% of all the trading fees will be used to purchase XCM directly from the market, and up to 50% will be time vaulted and taken out of the supply. As the trading volume increases, so will automated market buying.