[bisq-network/proposals] Lower Trading Fee (#126)

sqrrm notifications at github.com
Wed Oct 9 12:47:16 UTC 2019


Comparing the Bisq fees to other exchanges they don't seem to be that out of line. The current fees on Bisq, per BTC, are:
```
BTC maker fee: 0.0020 
BTC taker fee: 0.0060
BSQ maker fee: 13.00
BSQ taker fee: 38.00
```
With the current BSQ price that's a maker fee around 0.0013 and taker fee at 0.0038, which is higher than what we have been aiming for. Lowering makes sense even with the previous thinking.

Perhaps it's worth lowering more to see if that would drive more trading. In that case I would suggest only lowering the fees in BSQ since that's what any market maker would be using. I suspect that the fees don't matter as much to casual traders compared to the friction of using Bisq at all. My suggested fees would be:
```
BTC maker fee: 0.0020 
BTC taker fee: 0.0060
BSQ maker fee: 7.00
BSQ taker fee: 21.00
```

Note that the proposal in the OP seem to have a decimal off for the BTC fees.

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