Cryptocurrency Q&A
What is the fee rate for Poloniex?
What is the fee rate for Poloniex?
amelia_harrison_architect
Wed Sep 04 2024
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7 answers
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I'm curious, can you please clarify for me the fee rate that Poloniex charges for its users? As a cryptocurrency trader, it's important to know the costs associated with various exchanges in order to make informed decisions about where to conduct my transactions. Is the fee rate a flat fee or does it vary based on factors such as the type of cryptocurrency or the amount being traded? Additionally, are there any other fees or charges that I should be aware of when using Poloniex? Thank you for your assistance in helping me understand the fee structure of this platform.
7 answers
Valentina
Fri Sep 06 2024
TRX Fee Tier offers a unique opportunity for traders to save on trading fees, depending on their 30-day trade volume. By utilizing TRX, traders can enjoy reduced Maker and taker fees, making their trading activities more cost-effective.
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Chloe_jackson_athlete
Fri Sep 06 2024
For traders with a 30-day trade volume below $50K, the maker fee with TRX is set at 0.1015%, while the taker fee is 0.1085%. This fee structure provides a slight discount compared to standard trading fees.
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DigitalDragonfly
Thu Sep 05 2024
However, for traders who have a 30-day trade volume of less than $50K but choose not to use TRX, the Maker and taker fees are adjusted to 0.0805% and 0.0875% respectively. This demonstrates the benefit of utilizing TRX for fee reduction.
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SumoStrength
Thu Sep 05 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies directly with each other, without the need for a central authority. This provides traders with greater control over their trading activities and the ability to execute trades quickly and efficiently.
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EmilyJohnson
Thu Sep 05 2024
As traders increase their 30-day trade volume, they can enjoy even greater fee reductions. For example, traders with a volume between $50K and $1M can enjoy maker fees of 0.0735% and taker fees of 0.0840% when using TRX.
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