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Rain Pro has two types of fee structures. With a 0% maker fee and a 0.05% taker fee, Rain Pro provides its users with globally competitive fees. Below is an overview of those fees and how they work:
1. Maker fees:
We charge 0% of the traded volume on maker orders. A maker order does not trade immediately (e.g. limit orders). Once the order is placed, it stays in the order book until another buyer fulfills it. So, they create liquidity in the form of fiat or cryptocurrency by placing this order. We call them 'Makers' because they make the market by providing this liquidity.
2. Taker fees:
We charge 0.05% of the traded volume on taker orders. A taker order is traded immediately by matching a maker's order. Market orders are always Takers since they do not enter the order book; instead, they are fulfilled immediately. Takers consume order book liquidity.
No additional charges are added on top of these fees for our Rain Pro customers.
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