How does Stash calculate fees for cryptocurrency trades?

3 answers

• Nov 29, 2021 · 3 years ago
  Sure! When it comes to calculating fees for cryptocurrency trades on Stash, there are a few factors to consider. Firstly, Stash charges a percentage-based fee on the total value of the trade. This fee can vary depending on the specific cryptocurrency being traded. Additionally, Stash may also charge a fixed fee per trade, which is a set amount regardless of the trade value. It's important to note that these fees can differ between different exchanges and platforms, so it's always a good idea to compare fees before making a trade.
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• Nov 29, 2021 · 3 years ago
  Stash calculates fees for cryptocurrency trades based on a tiered fee structure. The fee percentage decreases as the trading volume increases. This means that the more you trade, the lower the fee percentage you'll pay. Stash also takes into account the liquidity and volatility of the cryptocurrency being traded, as these factors can affect the overall cost of the trade. It's worth noting that Stash provides transparent fee information on their platform, so you can easily see how fees are calculated for each trade.
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• Nov 29, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, calculates fees for cryptocurrency trades in a similar way to Stash. They also use a tiered fee structure, where the fee percentage decreases as the trading volume increases. BYDFi takes into account factors such as the liquidity and volatility of the cryptocurrency being traded, as well as the market conditions at the time of the trade. It's important to note that fees can vary between different exchanges, so it's always a good idea to compare fees before making a trade.
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