Cryptocurrency Q&A What are exchange rate fees?

What are exchange rate fees?

TaekwondoMasterStrengthHonorGlory TaekwondoMasterStrengthHonorGlory Mon Sep 02 2024 | 0 answers 0
Could you please clarify what exchange rate fees are? I understand they relate to the conversion of one currency to another, but I'm not sure how they are calculated or applied in the context of cryptocurrency transactions. Are these fees charged by cryptocurrency exchanges, and if so, how do they impact the overall cost of trading? Also, are there any strategies that traders can use to minimize or avoid these fees altogether? What are exchange rate fees?

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