Questions tagged [crypto exchange fee]

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Lucia Lucia Thu Sep 05 2024 | 6 answers 1130

What is crypto exchange fee?

Excuse me, could you kindly elaborate on what exactly is meant by "crypto exchange fee"? I understand it has something to do with the process of buying or selling cryptocurrencies on an exchange platform, but I'm not quite clear on the specifics. Is it a fee charged by the exchange for facilitating the transaction? And if so, how does it typically work? I'm also curious about any factors that might affect the amount of this fee, such as the type of cryptocurrency being traded or the volume of the transaction. Your insights would be greatly appreciated.

What is crypto exchange fee?

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