I'm looking for a crypto trader that offers the lowest fees. There are so many options available and I want to make sure I'm getting the best deal possible. Can anyone recommend a trader with the lowest fees?
Kraken, another renowned exchange, imposes a Maker fee of 0.25%. Similar to Coinbase, Kraken also offers volume-based discounts, allowing traders to reduce their fees to as low as 0.1% or even eliminate them entirely for high-volume transactions.
Was this helpful?
365
82
SumoHonorTue Oct 22 2024
Cryptocurrency exchanges play a pivotal role in the digital asset ecosystem, facilitating the buying and selling of various cryptocurrencies. One of the key aspects that traders consider when choosing an exchange is the fee structure. Different exchanges offer varying fee rates, with some providing discounts for high-volume traders.
Was this helpful?
388
20
DavidJohnsonTue Oct 22 2024
Coinbase, a popular cryptocurrency exchange, charges a maker fee of 40 basis points (bps). However, the platform offers discounts on this fee for traders who achieve a certain volume threshold, with discounts ranging up to 5bps or even zero bps for the most active traders.
Was this helpful?
318
56
MartinoMon Oct 21 2024
OKX, a rapidly growing exchange, offers a competitive maker fee of 0.080%. The platform provides additional incentives for traders by offering discounts that can reduce the fee to as low as -0.005% (effectively rewarding traders for their contributions to the market) or increase it slightly to 0.015% for those who do not meet the volume requirements.
Was this helpful?
289
27
CarloMon Oct 21 2024
Bybit, a popular derivatives exchange, charges a Maker fee of 0.2000%. Despite this slightly higher fee compared to some other exchanges, Bybit also offers discounts for high-volume traders. Traders can benefit from discounts ranging from 0.0150% down to 0.0050%, making it an attractive option for those looking to trade large volumes.