Ethereum All-time High in 2024?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee | Maker Fee |
|---|---|---|---|---|---|
| 2024-07-25 | 2024-02-12 18:00 ET | 2024-12-31 | USD | 0.075% | 0.025% |
Rules
This market will resolve to "Yes" if Ethereum (ETH) reaches a price greater than $4,891.70 according to Binance by December 31, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution source for this market will be the 30-min candlestick high prices from Binance (https://www.binance.com/en/trade/ETH_USDT). If Binance is unavailable, a consensus of other credible sources will be used.
There are "taker fees” and smaller “maker fees” on this market. The taker fees apply when you match an existing order on the order book, whereas the maker fees happen when you place an unmatched order that can be matched later. The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). The maker fees are just 0.025 times the price, times the potential profit ((e.g., Maker Fee per share = .025*Price/100*(1-Price/100))). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.