However, it’s important to note that the Blockchain Wallet uses a process they call dynamic fees, meaning that the fee charged per transaction can be different based on various factors. Both the transaction size and the conditions of the network at the time of the transaction can greatly impact the size of the fee. Only so many transactions can be processed within a block by the high-powered computers called miners The miners typically process the transactions that have the highest fees first since it’s financially advantageous to them.
Blockchain Wallet offers a priority fee, which could possibly get the transaction processed within an hour. There’s also a regular fee, which is cheaper but the transaction would likely take more than an hour. Fees can also be customized by the customer. However, if the customer sets the fee too low, the transfer or transaction could be delayed or rejected
Maker: 0.15% :
Also called a limit order. If you place an order for a price some distance away from the current market price, your order goes on the order book and waits to be filled.
When you place an order onto the order book, you are called a maker because you are making a new trading opportunity on the exchange’s order book. You are also said to be adding liquidity to the market.
Taker: 0.25% :
Also called a market order. When you place an order to buy or sell at the current market price your order will be immediately filled by the next available counterparty (trader taking the opposite side of your trade).
By matching an order that is already on the order book, you are taking that order off the book. That’s why you are called a taker. You are taking that particular trade opportunity off the order book so no one else can match that order. You are said to be removing liquidity from the market.
Intraday: 0.10% :
If your order entry and exit happen within the same day, you get a reduced trading fee.
ZebPay is one of the few crypto exchanges to offer a lower intraday trading fee.
You will be charged the normal maker or taker fee at the time of your order. The difference will be calculated after midnight UTC and credited back to you the next day.