Enclave Markets uses a maker-taker fee model to determine trading fees within the FEX. Fees are calculated on a per-trade basis and are charged as a percentage of the asset you receive.
| Product | Maker Fee | Taker Fee |
|---|---|---|
| Enclave Spot | 0.05% | 0.05% |
| Enclave Cross | 0.05% | 0.05% |
Fees are calculated on a per-trade basis and are charged as a percentage of the asset you receive.
For example, if you buy AVAX/USDC, the fee is paid in AVAX. If you sell AVAX/USDC, the fee is paid in USDC.
Example Calculations:
When you place a cross order that is immediately filled by an existing order(s), your order is charged the Taker Fee.
If your order does not completely fill, the unfilled portion of your order remains open and is charged a Maker Fee when it fills.
There are no fees for placing or canceling orders for Enclave Spot or Enclave Cross. Fees for Enclave Spot and Enclave Cross are charged only when your order fills.
Orders that fill partially are charged only for the filled portion of the trade.
Withdrawal fees are charges associated with withdrawing your cryptocurrencies from the exchange to an external wallet or address. These fees vary based on the cryptocurrency and network congestion.
Enclave Markets does not charge withdrawal fees at this time.
Enclave Markets reserves the right to adjust pricing from time to time. Pricing is displayed within the order form and the order details section for each trade.
Fees will always be clearly displayed on the order form and within the order details section of the trading dashboard.