Bitget, the world’s leading Universal Exchange (UEX) has announced an update to its peer-to-peer (P2P) fee structure for the Naira (NGN) Fiat Pair. The adjustment is designed to enhance liquidity and support evolving trading activity utilizing the currency.

Under the revised structure, takers, users who fill existing orders on the NGN market, will incur zero fees, while advertisers (makers) providing liquidity will be charged a fee of 0.1 per cent on both buy and sell orders. This applies specifically to trades involving the Nigerian Naira on Bitget’s P2P marketplace.

The updated fee mechanics aim to simplify access for users executing trades, while ensuring a balanced cost for those contributing liquidity. Bitget will continue to monitor market conditions and may introduce additional refinements or supportive measures as needed.