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What are the fees and charges associated with trading on GMX and dYdX for cryptocurrencies?

avatarsypNov 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees and charges that are associated with trading cryptocurrencies on GMX and dYdX?

What are the fees and charges associated with trading on GMX and dYdX for cryptocurrencies?
Cryptocurrencies
Trading Fees
GMX

1 answers

  • avatarNov 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that trading on GMX and dYdX does come with certain fees and charges. GMX charges a trading fee of 0.2% for each transaction, while dYdX has a lower fee of 0.1% per transaction. In addition to these trading fees, dYdX also charges a gas fee for Ethereum transactions. It's important to factor in these fees when calculating your overall trading costs on these platforms. However, it's worth noting that both GMX and dYdX offer competitive fee structures compared to other cryptocurrency exchanges in the market.

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