Mudrex directly connects with multiple exchanges to do a trade.
When a strategy places an order to buy/sell we directly place the order on the selected exchange and charge the fee based on the exchange.
You can get to know the fee charged for each order in the list of trades.
Below is the tentative fee we charge per exchanges:
- Binance: 0.1%* both maker and taker.
*Note: Fees are dependent on what the partner exchanges charge us. Mudrex simply passes the charge over to the user. If the user had tried to do the same trade on the exchange they would have been charged the same, if not higher fee.