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/biz/ - Business & Finance


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2343355 No.2343355 [Reply] [Original]

Can someone explain maker taker?

On poloniex, it's .15/.25%.

Say I buy xem at .0000770 and sell at .0000773. Would I or would I not make a profit? Beginning to think I'm mathematically retarded

>> No.2343377

>>2343355
I invest like Frank Reynolds, wad of hundreds and magnum condom. Let computer do math for you dipshit.

>> No.2343407

>>2343355

Those are fees that Polo charges you for trades. You don't earn from them.

>> No.2343417

>>2343407
Yeah but I don't understand how people are making profits off small price movements if charges are eating up profit

>> No.2343426

if you set a price and wait you're a maker

if you buy or sell something that's already posted you're a taker