ShintoBlessing
Wed Sep 25 2024
|
5 answers
806
What is exchange fee?
Could you please explain what exactly an exchange fee is? I'm a bit confused about how it works in the cryptocurrency market. Is it a fee charged by cryptocurrency exchanges for facilitating transactions? And if so, how does it impact the overall cost of buying or selling digital assets? Also, do different exchanges have varying fee structures, or is there a standard rate that's universally applied? I'd appreciate any clarification you can provide.
