Which platform, FTX or Coinbase Pro, has lower fees for buying and selling digital currencies?
JimryYchaoDec 18, 2021 · 3 years ago3 answers
I am looking for a platform with lower fees for buying and selling digital currencies. Between FTX and Coinbase Pro, which one offers lower fees?
3 answers
- Dec 18, 2021 · 3 years agoWhen it comes to fees for buying and selling digital currencies, FTX and Coinbase Pro have different fee structures. FTX charges a flat fee of 0.1% for both makers and takers, while Coinbase Pro uses a tiered fee structure based on trading volume. For smaller traders, FTX might have lower fees, but for larger traders, Coinbase Pro could be more cost-effective. It's important to consider your trading volume and preferences when choosing a platform.
- Dec 18, 2021 · 3 years agoIf you're looking for lower fees for buying and selling digital currencies, FTX and Coinbase Pro are both popular options. FTX charges a flat fee of 0.1% for all trades, regardless of trading volume. On the other hand, Coinbase Pro uses a tiered fee structure, with fees ranging from 0.5% to 0.0% depending on your trading volume. So, if you're a high-volume trader, Coinbase Pro might offer lower fees compared to FTX. However, if you're a smaller trader, FTX's flat fee could be more cost-effective. Consider your trading habits and volume to make the best choice.
- Dec 18, 2021 · 3 years agoWhen it comes to lower fees for buying and selling digital currencies, FTX and Coinbase Pro are two popular platforms to consider. FTX charges a flat fee of 0.1% for all trades, which can be advantageous for smaller traders. On the other hand, Coinbase Pro uses a tiered fee structure that offers lower fees for higher trading volumes. So, if you're a high-volume trader, Coinbase Pro might be a better option in terms of fees. However, if you're a smaller trader, FTX's flat fee could be more cost-effective. Ultimately, it depends on your trading volume and preferences.
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