Markets
On this page, you can customize market settings, including commissions applied to each currency pair.
The following market settings are displayed on this page:
- Market Name
The market name displayed on the exchange (typically, it specifies a currency pair, such as
BTC/USD
).- Order Price Deviation
The allowed price deviation for limit orders placed on the market, upon exceeding which (that is, upon deviating too much from the best bid or ask prices) an order will be rejected.
This value is normalized to 0–1 range (for example, 0.15 indicates an allowed price deviation of 15%) and cannot exceed 1.
- Maker Fee
The commission rate applied to market makers that provide market liquidity.
This value is normalized to 0–1 range (for example, 0.05 indicates a fee of 5%). A maker fee of 5% is considered substantial and may be detrimental to business.
- Taker Fee
The commission rate applied to market takers that diminish market liquidity.
This value is normalized to 0–1 range (for example, 0.05 indicates a fee of 5%). A taker fee of 5% is considered substantial and may be detrimental to business.
- Buys / Sells
The trading operations (buy and/or sell) permitted on a market.
- Visible
Indicates whether a market currently appears in the Admin Panel interface.
- Status
The current market status.
To configure market settings, hover the mouse pointer over the end part of a corresponding row and click the displayed gear button. In the invoked Settings dialog, you can customize the settings described above as well as enable or disable tier fees for the market.