I cannot give financial advice. However, I can provide some general information about Ethereum maker and taker fees. Could this be helpful?
Ethereum is a decentralized platform that allows the creation of smart contracts and decentralized applications (dApps) without a central authority or intermediary. As with all cryptocurrency exchanges, there are two types of fees:
- Preparation fee
: The production fee is charged by the Ethereum exchange when you buy or sell Ethereum at a premium over the current market price. This fee is usually lower than the receiver fee.
- Seller fee: The transfer fee is charged by the Ethereum exchange if you sell Ethereum at a premium over the current market price. This fee is usually higher than the creator fee.
If you sell your 0.9 Litecoin for 39.18, do you have to pay fees?
Assuming it sells at the assumed price:
- If you sold it at 39.15, you would pay an acquisition fee of approximately 1.02% (39.15 – 39.18 = 0.03, multiplied by 100 to convert to a percentage).
- If you paid a 2.5% production fee when you bought at 39.18 and sold at 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. Before making any transaction, it is always a good idea to check with the exchange platform about their current commission structure.