I'm interested in understanding the trading fees charged by Crypto.com. Could you please explain what these fees are and how they work on the platform?
Crypto.com, a prominent platform in the cryptocurrency landscape, employs a tiered fee structure that is tailored to the user's trading activity. This approach ensures that traders are rewarded for their level of engagement and volume traded.
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noah_wright_authorMon Oct 14 2024
Taker fees, on the other hand, are applied to trades that remove liquidity from the market by filling existing orders. Similar to maker fees, taker fees commence at 0.0750% for traders with lower trading volumes but remain slightly higher, ending at 0.0500% for those at the top tier.
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CryptoVisionaryGuardMon Oct 14 2024
The fees charged by Crypto.com are directly correlated to the individual's 30-day spot trading volume. This metric serves as a benchmark, allowing the platform to accurately assess and apply the corresponding fee rate.
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CryptoLordessMon Oct 14 2024
For those traders with balances below $250,000, the maker fee commences at 0.0750%. This fee is designed to incentivize traders who add liquidity to the market by placing limit orders.
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BiancaMon Oct 14 2024
As the trader's 30-day spot trading volume increases, the maker fee gradually diminishes, offering a tangible reward for increased trading activity. Ultimately, traders with balances of $10 million or more enjoy a maker fee of 0%, underscoring Crypto.com's commitment to rewarding high-volume traders.