How does E-Trade charge fees for over-the-counter trading of cryptocurrencies?

3 answers

• Nov 28, 2021 · 3 years ago
  Sure! When it comes to over-the-counter (OTC) trading of cryptocurrencies on E-Trade, the platform charges a fee based on the size of the trade. The fee structure is tiered, meaning that the larger the trade, the lower the fee percentage. Additionally, E-Trade may charge additional fees for services such as account maintenance or wire transfers. It's important to review the fee schedule on E-Trade's website or contact their customer support for the most up-to-date information on fees and costs.
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• Nov 28, 2021 · 3 years ago
  E-Trade's fee structure for over-the-counter trading of cryptocurrencies is designed to incentivize larger trades. The platform offers lower fees for larger trades, which can be beneficial for institutional investors or high-volume traders. However, it's important to note that fees can vary depending on the specific cryptocurrency being traded and market conditions. It's always a good idea to review the fee schedule and terms of service before engaging in OTC trading on E-Trade.
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• Nov 28, 2021 · 3 years ago
  As an expert in the field, I can tell you that E-Trade's fee structure for over-the-counter trading of cryptocurrencies is competitive compared to other major exchanges. The tiered fee structure encourages larger trades and provides an opportunity for cost savings for active traders. However, it's important to consider other factors such as liquidity, security, and customer support when choosing a platform for OTC trading. It's always a good idea to compare fees and features across multiple exchanges to find the best fit for your trading needs.
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