What is the fee structure on Nash?
- Nash charges a 1% fee for all purchases and sales made using your personal wallet. Your personal wallet is an all-purpose crypto wallet.
- There is a 0% fee on all purchases and sales made using your trading wallet. Your trading wallet is for trading on the Nash Layer-2 Exchange and you will have to withdraw assets to your personal wallet before sending to an external address. This can incur high network fees.
Layer-2 Exchange fees
Nash follows the maker/taker fee structure common to other exchanges:
- Market makers, who place new limit orders on the order book, will pay no fee.
- Market takers, whose market or limit orders match with orders already on the book, will pay a small fee.
When placing a limit order, you can check the box “Post only” so as to place your order only as a maker, not a taker.
|30-DAY MINIMUM VOLUME||MAKER||TAKER|
Fees are deducted from the taker in the token denomination of their trade. For example, if a low-volume user places a market order trading 1,000 NEO for ETH, the exchange will collect a fee of 2.5 NEO (1,000 * 0.0025 = 2.5). Total Nash fees are calculated simply by measuring the fees taken for each asset on the exchange.
You can read our full trading rules here.