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What is the fee schedule for buying and selling digital assets on Nymex?

avatarRichard chearDec 15, 2021 · 3 years ago3 answers

Can you provide me with the detailed fee schedule for buying and selling digital assets on Nymex? I want to know the fees involved in trading cryptocurrencies on Nymex.

What is the fee schedule for buying and selling digital assets on Nymex?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! The fee schedule for buying and selling digital assets on Nymex varies depending on the trading volume. For transactions with a trading volume below $10,000, the fee is 0.1%. As the trading volume increases, the fee percentage decreases. For transactions with a trading volume above $1,000,000, the fee is only 0.05%. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Nymex's official website.
  • avatarDec 15, 2021 · 3 years ago
    The fee schedule for buying and selling digital assets on Nymex is quite competitive. The fees are based on a tiered structure, where the more you trade, the lower the fees. For example, if your trading volume is between $10,000 and $100,000, the fee is 0.08%. If your trading volume is between $100,000 and $1,000,000, the fee is 0.06%. And for trading volumes above $1,000,000, the fee is only 0.05%. These fees are quite reasonable compared to other exchanges in the market.
  • avatarDec 15, 2021 · 3 years ago
    As a representative of BYDFi, I can tell you that Nymex offers a transparent and competitive fee schedule for buying and selling digital assets. The fees are based on a tiered structure, which means that the more you trade, the lower the fees. The fee schedule is designed to incentivize high-volume traders and provide them with cost-effective trading options. It's important to note that the fee schedule may vary for different types of digital assets, so it's always a good idea to check the latest fee schedule on Nymex's official website.