I can’t give you financial advice. However, I can give you some general information about Ethereum maker and taker fees. Would that help?
Ethereum is a decentralized platform that allows you to create smart contracts and decentralized applications (dApps) without a central authority or intermediary. As with all cryptocurrency exchanges, there are two types of fees:
- Maker Fee
: The maker fee is charged by the Ethereum exchange when you buy or sell Ethereum at a premium above the current market price. This fee is usually lower than the taker fee.
- Seller Fee
: The taker fee is charged by the Ethereum exchange when you sell Ethereum below the current market price. This fee is usually higher than the maker fee.
If you sell your 0.9 Litecoin at 39.18, do you have to pay any fees?
Assuming you sold at the assumed price:
- If you were to sell for 39.15, you would pay a takeover fee of approximately 1.02% (39.15 – 39.18 = 0.03, multiplied by 100 to convert to a percentage).
- If you were to pay a 2.5% maker fee when buying at 39.18 and selling for 39.15, the fee would be approximately 0.06% (2.5% – 1.95% = 0.55, multiplied by 100 to convert to a percentage).
So in this example, you would pay approximately 0.06% of the transaction amount as a fee.
Please note, however, that these are just examples and actual fees may vary depending on the Ethereum exchange and market conditions. It is always a good idea to check with the exchange about their current fee structure before any transaction.