GwanghwamunGuardianAngelWingsBlessingFri Oct 11 2024|5 answers1042
I'm looking for a cryptocurrency exchange with the lowest trading fees. I want to trade digital assets like Bitcoin, Ether, and other tokens. Which exchange offers the most competitive trading fees in the industry?
Another exchange, Bybit, imposes a maker fee of 0.2000%. Similarly, Bybit offers volume-based discounts, with traders eligible for reductions up to 0.0150% or 0.0050%, depending on their trading activity.
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StefanoSun Oct 13 2024
Gate.io, another renowned cryptocurrency exchange, charges a Maker fee of 0.09%. Gate.io also incentivizes high-volume traders with discounts, offering reductions up to 0% to 0.02% on maker fees.
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TaekwondoPowerSun Oct 13 2024
Cryptocurrency exchanges often levy fees on traders, with these charges varying across platforms. Understanding these fees is crucial for users to make informed decisions regarding their trading activities.
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SsamziegangSerenadeMelodyHarmonySun Oct 13 2024
One of the key fees is the maker fee, which is charged to traders who add liquidity to the market by placing buy orders below the current price or sell orders above it. This fee varies among exchanges, with some offering competitive rates to attract traders.
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GiuliaSun Oct 13 2024
For instance, OKX, a popular cryptocurrency exchange, charges a Maker fee of 0.080%. Notably, OKX also provides discounts on maker fees for traders who execute high-volume trades, with discounts ranging up to -0.005% to 0.015%, depending on the trading volume.