Crypto Asset Trading built for Financial Institutions and Active Traders
Why Trade on itBit Digital Asset Exchange?
Maker Rebates & Low Fees
itBit Exchange Fees and Rebates
Paxos is proud to offer the only crypto-to-fiat exchange with maker rebates across all trades. Additionally, our simple fee structure has among the lowest rates.
Our maker-taker fee model ensures that we are operating with a deep liquidity pool which allows for better price discovery and a favorable trading environment for all customers. All maker orders (resting orders that add liquidity to the exchange) are eligible for rebates, and taker orders are charged fees according to the following tiered approach, based on 30-day rolling volumes (USD):
|USD||EUR||SGD||Taker Fees(in Basis Points)||Maker Rebates(in Basis Points)|
MAKERS EARN REBATES
Traders placing Maker orders (resting orders that add liquidity to the exchange) earn 3 bps on all executed trades. Rebates are credited to customers’ fiat accounts in cash.
COMPETITIVE TAKER FEES
Taker orders are among the lowest in the industry. All traders can benefit from lower fees at higher trading volumes.
All verified users – from individuals to institutions – can take advantage of the same rebates and low fees listed here.
Powerful automated trading solutions for institutions and algorithmic traders
FIX 4.2 API protocol for institutional high frequency trading.
REST API for high frequency algorithmic trading.
REST API or streaming WebSockets which provides access to itBit’s level two orderbook market and trade data.
To request API access or to contact the OTC desk, please complete the form and a member of our team will contact you shortly.
Frequently Asked Questions
Paxos is the name of the company and itBit is the brand name of the exchange. You can access itBit by logging into the Paxos platform at https://account.paxos.com.
If you create or already have a Paxos account (or if you have previously created an itBit account), you can login to the itBit exchange at https://account.paxos.com. Additionally, you can use FIX or REST APIs to trade.