Topic: Bitstamp fees - how are they calculated? (Read 2770 times)
Im also interested. Im confused by the Fee Schedule myself. I did a test transaction, sold .5 btc at $58.39 After transferring the money to my bank I was left with $43.09 thats one heft FEE! Id like to sell about 20 bitcoins but I have no idea what kind of fee to expect. If they took 30% from that transaction I would be pissed !
Hy,
I dont get the maths, please help
According to
https://www.bitstamp.net/fee_schedule/
for trades <$500 fee should be 0.5%
I currently made some trades <5$ and always got a fee of 0.03!
5/100/2=0.025
Ok, if they only use 2 digits behind comma, it makes sense - its 0.03
So trades from 5 to 9 $ could have a fee of 0.03.
but my trades where from 4.39$ to 4.53$
4.5/100/2=0.0225
Rounded thats 0,02. Not 0.03. thats a difference of 50%....
Is this some using of float....? (little joke). How to calc the fee?
Second, do I get it right: when selling they substract 0.05% from the income - when buying you buy order money minus 0.05% ?
I saw the limit order mask only accepts two digits behind comma for $ amounts. As for a trade once executed, how many digits are computed?
thx
I dont get the maths, please help
According to
https://www.bitstamp.net/fee_schedule/
for trades <$500 fee should be 0.5%
I currently made some trades <5$ and always got a fee of 0.03!
5/100/2=0.025
Ok, if they only use 2 digits behind comma, it makes sense - its 0.03
So trades from 5 to 9 $ could have a fee of 0.03.
but my trades where from 4.39$ to 4.53$
4.5/100/2=0.0225
Rounded thats 0,02. Not 0.03. thats a difference of 50%....
Is this some using of float....? (little joke). How to calc the fee?
Second, do I get it right: when selling they substract 0.05% from the income - when buying you buy order money minus 0.05% ?
I saw the limit order mask only accepts two digits behind comma for $ amounts. As for a trade once executed, how many digits are computed?
thx
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