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What are the fee structures for FTX and Coinbase when it comes to trading digital currencies?

avatarShahzod TeshaboyevDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fee structures for trading digital currencies on FTX and Coinbase?

What are the fee structures for FTX and Coinbase when it comes to trading digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to trading digital currencies on FTX and Coinbase, both platforms have their own fee structures. On FTX, the fees vary depending on the type of trade you make. For spot trading, the fees range from 0.02% to 0.07% depending on your trading volume. For futures trading, the fees range from 0.02% to 0.05% depending on your trading volume and whether you're a maker or taker. On the other hand, Coinbase charges a spread of about 0.50% for buying or selling digital currencies. Additionally, Coinbase also charges a Coinbase Fee, which is the greater of either a flat fee or a variable percentage fee based on the total transaction amount. It's important to note that these fee structures are subject to change, so it's always a good idea to check the latest fee information on the respective platforms' websites.
  • avatarDec 17, 2021 · 3 years ago
    Well, when it comes to trading digital currencies on FTX and Coinbase, you'll encounter different fee structures. FTX charges fees based on your trading volume and the type of trade you make. For spot trading, the fees range from 0.02% to 0.07% depending on your trading volume. For futures trading, the fees range from 0.02% to 0.05% depending on your trading volume and whether you're a maker or taker. On the other hand, Coinbase charges a spread of about 0.50% for buying or selling digital currencies. In addition to that, Coinbase also has a Coinbase Fee, which can be a flat fee or a variable percentage fee based on the total transaction amount. It's important to keep in mind that these fee structures may change over time, so it's a good idea to check the latest fee information on FTX and Coinbase's websites.
  • avatarDec 17, 2021 · 3 years ago
    Sure thing! When it comes to trading digital currencies, FTX and Coinbase have their own fee structures. On FTX, the fees for spot trading range from 0.02% to 0.07% depending on your trading volume. For futures trading, the fees range from 0.02% to 0.05% depending on your trading volume and whether you're a maker or taker. As for Coinbase, they charge a spread of about 0.50% for buying or selling digital currencies. On top of that, Coinbase also has a Coinbase Fee, which can be a flat fee or a variable percentage fee based on the total transaction amount. It's worth noting that these fee structures are subject to change, so it's always a good idea to check the latest fee information on FTX and Coinbase's websites.