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A comment on Coinbase – Exchange API. Parent comment

Re:Coinbase – Exchange API by jzwinck on Monday January 26, 2015 @06:34AM (#8946502)
So you think the fee to remove liquidity should "float" in what way exactly? With per-customer tiered volume discounts like many exchanges offer to customers who trade enough in a given month? Or when you said "float" did you mean it should be variable across the entire exchange over time, but the same for all customers at any given time?
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Re:Coinbase – Exchange API by jsprogrammer on Monday January 26, 2015 @06:52AM (#8946538)
Like any well functioning market, it should track the actual cost of goods, in this case, the actual cost of facilitating the transaction.

I have a hard time believing that a fixed 0.25% has anything to do with the real costs. It doesn't appear that CoinBase is even making that argument.

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