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FAQs

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Fees

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.

ProductMaker FeeTaker Fee
Enclave Spot0.05%0.05%
Enclave Cross0.05%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:

  • Buy AVAX/USDC:
    You place an order to buy 100 AVAX for 15 USDC each.
    Trading fee = 100 AVAX * 0.05% = 0.05 AVAX

  • Sell AVAX/USDC:
    You place an order to sell 100 AVAX for 15 USDC each.
    Trading fee = (100 AVAX * 15 USDC) * 0.05% = .75 USDC

When you place an order that is not immediately matched by an existing order(s), you are adding liquidity to the order book and are considered a “Maker.” When your trade executes, your order is charged the Maker Fee.
When you place an order that is immediately filled by an existing order(s), you are removing liquidity from the order book and are considered a “Taker.” When your trade executes, your order is charged the Taker Fee.

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 does not charge network fees for deposits or withdrawals 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.