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Are there any crypto exchanges that don't charge day trading fees?

avatarLuan Gustavo Altruda FilipovDec 18, 2021 · 3 years ago4 answers

I'm looking for a cryptocurrency exchange that doesn't charge any fees for day trading. Are there any exchanges out there that offer this feature? I want to be able to make frequent trades without worrying about fees eating into my profits. Can anyone recommend a crypto exchange that fits this criteria?

Are there any crypto exchanges that don't charge day trading fees?

4 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are several crypto exchanges that don't charge day trading fees. One popular option is Binance. Binance offers a fee structure that rewards users for holding their native token, BNB. By using BNB to pay for trading fees, you can enjoy a discount on your trades. This can be a great way to save on fees if you're an active day trader.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! There are crypto exchanges that don't charge any fees for day trading. For example, Coinbase Pro offers zero fees for market makers. Market makers are traders who add liquidity to the exchange by placing limit orders that are not immediately matched with existing orders. By being a market maker, you can avoid paying any fees for your day trades.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are crypto exchanges that don't charge day trading fees. One such exchange is BYDFi. BYDFi is a decentralized exchange that operates on the Binance Smart Chain. It offers zero fees for day trading, making it an attractive option for traders who want to save on fees. With BYDFi, you can make frequent trades without worrying about fees eating into your profits.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! There are crypto exchanges that don't charge day trading fees. KuCoin is one example. KuCoin offers a tiered fee structure that rewards users with lower fees based on their trading volume. If you're a high-volume day trader, you can enjoy lower fees on your trades. This can help you maximize your profits and make the most of your day trading strategies.