Cryptocurrency Q&A
How much does spooky swap charge?
How much does spooky swap charge?
henry_grayson_lawyer
Thu Sep 12 2024
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5 answers
1060
Excuse me, could you please elaborate on the fees associated with using Spooky Swap? I'm interested in understanding the cost structure for transactions on this platform, as it's an important factor for me when deciding which decentralized exchange to utilize. Could you provide a concise yet informative overview of the fees charged by Spooky Swap, including any potential trading or withdrawal fees that users might encounter? Thank you for your time and consideration.
5 answers
HanbokGlamour
Sat Sep 14 2024
When engaging in swaps or trades on the exchange, users are subject to a trading fee of 0.2% for market orders and 0.22% for limit orders. This fee structure is designed to maintain the integrity and efficiency of the exchange.
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MoonlitCharm
Sat Sep 14 2024
A portion of the trading fees collected, specifically 0.17%, is returned to liquidity pools. This serves as a reward for liquidity providers who contribute to the liquidity of the exchange, ensuring that trades can be executed smoothly and efficiently.
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CryptoLordess
Sat Sep 14 2024
Additionally, 0.03% of the trading fees is allocated to xBOO Stakers. This incentivizes users to stake their xBOO tokens, further enhancing the security and stability of the exchange.
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HanbokGlamourQueen
Sat Sep 14 2024
Trading on Spooky offers users the flexibility to execute trades at market price or set a specific price for a limit order. These limit orders can be triggered 24 hours a day, 7 days a week, ensuring that traders have the opportunity to capitalize on market movements at their convenience.
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TopazRider
Sat Sep 14 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet solution. These services cater to the diverse needs of cryptocurrency traders and investors, providing them with a comprehensive platform for their trading activities.
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