Bitfinex Latest Exchange to Adopt Liquidity Taker/Maker Commission Structure

In a letter to clients, bitcoin and litecoin exchange, Bitfinex, has announced a new pricing structure for commissions that has

In a letter to clients, bitcoin and litecoin exchange, Bitfinex, has announced a new pricing structure for commissions that has gone into effect over this past weekend.  Similar to other firms that have made the switch recently to attract liquidity into their order books, Bitfinex has adopted a commission structure to favor traders that add liquidity.  According to new structure, traders adding liquidity will be charged between 0.0 to 0.1% commission based on their monthly volumes traded, versus a flat 0.2% charge for removing liquidity.

With its low fees and being one of the few venues offering the ability to take short trades and margin trading, Bitfinex has carved out itself a niche as a destination for active traders along with BTC-e, and has been consistently holding over 5% market share among reporting exchanges on Bitcoinity.  In the past, Bitfinex had been integrating liquidity from Bitstamp, while also building its internal order book, but has recently made changes to aggregate all external sources into one single feed on their order book.  In that regard, the current announcement to provide more aggressive commissions for liquidity providers is part of the firm’s continued direction of increasing available market depth on its order book.

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