Maker and Taker fees question

[Dooligal]

I read that when placing a limit order, exchanges will charge a Taker fee if the market hits your limit too soon.

Anyone know how soon is soon? Is it calculated by PIP proximity or time?

Thanks.

[1714481043]

1714481043

[wayaneka]

Each exchange has different trading fee for maker and taker. For Binance has trading fee the same for maker and taker but there are also other exchange give free/no fee for maker and offer trading fee 0.3% for taker like Indodax.

[manggis97]

In trading activity i prefer to chooce exchange that has lower spread than trading  fee, because the fee trading for maker and taker is not much just around 0,05% to 0.25%  for each trade.  And the fee will be higher if the spread between price bid and ask is too far. Currently Binance exchange that offer low trading fee 0.075% with high trading volume, so this exchange is very good to use day or scalping trading.