Cryptocurrency Q&A
What is the DODO exchange fee?
What is the DODO exchange fee?
CryptoPioneer
Thu Jul 25 2024
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6 answers
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I'm curious about the fees associated with trading on the DODO exchange. Could you please explain what the DODO exchange fee is and how it's calculated? Is it a flat fee or does it vary based on the amount of the trade? Additionally, are there any other fees that traders should be aware of when using the DODO exchange?
6 answers
CharmedEcho
Sat Jul 27 2024
By defining stablecoin swaps in this manner, DODO promotes clarity and predictability for its users. Traders can confidently execute trades, knowing the exact fee structure for both stablecoin and non-stablecoin swaps, thereby enhancing their overall trading experience.
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Enrico
Sat Jul 27 2024
The SmartTrade routing algorithm, utilized by DODO, is a sophisticated tool that optimizes trade execution. It considers various factors, including slippage, gas fees, and liquidity, to ensure that users receive the best possible prices for their swaps. This feature further underscores DODO's dedication to providing a superior trading experience.
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DondaejiDelightfulCharmingSmile
Sat Jul 27 2024
Additionally, DODO's fee structure aligns with its vision of empowering users with greater control over their assets. By maintaining a low fee for non-stablecoin swaps, the exchange encourages users to explore a wider range of trading opportunities, without being hindered by excessive costs.
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Alessandra
Sat Jul 27 2024
DODO, a leading decentralized exchange, adopts a transparent fee structure for its users. For all trades involving non-stablecoin assets, the platform imposes a modest 0.1% fee. This fee is levied on swaps executed through the SmartTrade routing algorithm, ensuring efficient and cost-effective transactions.
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EthereumEagleGuard
Sat Jul 27 2024
To distinguish between stablecoin and non-stablecoin swaps, DODO relies on Coingecko's comprehensive categorization. Transactions involving tokens classified as stablecoins by Coingecko are exempt from the aforementioned 0.1% fee, reflecting the exchange's commitment to fostering stability and liquidity within the stablecoin ecosystem.
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