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What are the fees and commissions for trading digital currencies on FTX, Binance, and Coinbase?

avatarTimo Vojnic ZelicDec 18, 2021 · 3 years ago3 answers

Can you provide details on the fees and commissions associated with trading digital currencies on FTX, Binance, and Coinbase? I would like to know the costs involved in trading cryptocurrencies on these platforms.

What are the fees and commissions for trading digital currencies on FTX, Binance, and Coinbase?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When it comes to trading digital currencies on FTX, Binance, and Coinbase, there are various fees and commissions to consider. Let's start with FTX. FTX charges a fee of 0.1% for both makers and takers. However, if you hold FTT, the native token of FTX, you can enjoy fee discounts. Binance, on the other hand, offers a tiered fee structure based on your trading volume. The fees range from 0.1% to 0.02% for makers and takers. Coinbase operates a similar fee structure, with fees ranging from 0.5% to 0.04% depending on your trading volume. It's important to note that these fees may vary and it's always a good idea to check the respective platforms for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Trading digital currencies on FTX, Binance, and Coinbase comes with its own set of fees and commissions. FTX charges a flat fee of 0.1% for both makers and takers. Binance, on the other hand, offers a fee structure that depends on your trading volume. The more you trade, the lower the fees. Coinbase also follows a similar approach, with fees ranging from 0.5% to 0.04% based on your trading volume. It's worth noting that these fees can change over time, so it's always a good idea to check the platforms for the most accurate and up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to trading digital currencies, BYDFi is a platform that stands out. With BYDFi, you can enjoy competitive fees and commissions. The platform offers a tiered fee structure based on your trading volume, with fees ranging from 0.1% to 0.02% for makers and takers. BYDFi also provides fee discounts for users who hold BYD tokens. It's important to note that fees may vary and it's always a good idea to check the BYDFi website for the most up-to-date information. Happy trading! 😃