Fee Structure

03/21/2014 

OperationFees
Deposit
  • FREE, for BTC deposits
  • Varies, for LakeBankers. When creating a deposit request, you will review the actual fee, which is determined by the market, supply-demand, amount, currency, payment method, your reputation, etc.
  • bank/3rd-party fees are usually not the responsibilities of your LakeBanker, unless otherwise agreed upon beforehand.
Trading - Taker 0.2%
Trading - Maker
  • 0%, if your past calendar month volume > 20,000 BTC.
  • 0.02%, if volume > 15,000 BTC
  • 0.04%, if volume > 6000 BTC
  • 0.06%, if volume > 3000 BTC.
  • 0.10%, if volume > 500 BTC.
  • 0.15%, otherwise.
Withdrawal
  • FREE, for BTC withdrawals (plus a flat 0.001 BTC for bitcoin network fee)
  • Varies, for LakeBankers. When creating a withdrawal request, you will review the actual fee, which is determined by the market, supply-demand, amount, currency, payment method, your reputation, etc.
  • bank/3rd-party fees are usually not the responsibilities of your LakeBanker, unless otherwise agreed upon beforehand.
Payment
  • FREE, for payments to email addresses during the promotional period
  • FREE (plus a flat 0.001 BTC fee for bitcoin network fee for payments to external bitcoin wallet addresss)
OTC Trading
  • Buy: FREE
  • Sell: 1%

Note:

  1. For Deposits, LakeBanker fees will be deducted from the face amount/actual received amount. Please avoid overpayment. Withdrawal/payment LakeBanker fees will be deducted from your remaining balance first, then from the withdrawal amount if necessary.

  2. In a deposit/withdrawal transaction, all bank fees (or third-party payment processor fees) are usually the responsibilities of the User instead of the LakeBanker. If neither is a LakeBanker, the sender and receiver usually need to take care of their own bank fees.

  3. Don't like to pay LakeBanker fees for deposits/withdrawals? Become a LakeBanker yourself to earn some money instead of paying fees when making deposits and withdrawals! Contact customer support for more details.

  4. Trading fees are doubled for dark pool orders.

  5. Trading fees displayed above are for each leg of cross trades with multiple legs. Our match engine automatically find the best price for your order, and may result in cross trades. Currently this feature cannot be turned off.

  6. Email customer support and apply for fee discounts if qualified.

  7. Account histories of the most recent 90 days are available on our website and via API. It's recommended that you download and save the records you need when available. History data over 90 days old are permanently destroyed and unrecoverable.

  8. If you need to restore your deleted LakeBTC account, please contact customer support and the fee is 0.1 BTC.

  9. All LakeBanker fees for deposits/withdrawals are dynamic and they are based on a matrix of factors. They vary from user to user, currency to currency, payment method to payment method. They can even be negative (aka incentives) in some cases. It's difficult to provide an estimate. When you submit your request, your will see the actual fee for your particular request before continuing.

  10. All fees are subject to change. LakeBTC reserves the right to modify the terms in our sole discretion at any time.

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