Cryptocurrency Q&A
What are the fees on Poloniex?
What are the fees on Poloniex?
SophieJones
Mon Sep 02 2024
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5 answers
1549
I'm curious to know about the fees associated with using Poloniex, a popular cryptocurrency exchange. Can you provide me with a detailed breakdown of the trading fees, withdrawal fees, and any other potential charges that traders might encounter when using this platform? It would be great if you could also compare Poloniex's fees to those of other popular cryptocurrency exchanges, so I can get a better understanding of how competitive their pricing is in the market.
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5 answers
Michele
Wed Sep 04 2024
TRXFee, a cryptocurrency trading platform, offers a tiered fee structure designed to reward active traders with reduced trading costs. This structure is based on the trader's 30-day trade volume, measured in USD.
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DiamondStorm
Tue Sep 03 2024
For traders with a 30-day trade volume below $50,000, the Maker and Taker fees are set at 0.1450% and 0.1550% respectively. This tier ensures that even small traders can access the platform with competitive fees.
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Andrea
Tue Sep 03 2024
However, as trade volumes increase, so do the benefits. For traders with volumes between $50,000 and $1 million, the Maker fee is reduced to 0.1150%, while the Taker fee drops to 0.1250%. This tier offers a noticeable discount for traders who are beginning to scale up their operations.
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PulseWind
Tue Sep 03 2024
The next tier, for traders with volumes between $1 million and $10 million, offers even more significant savings. The Maker fee drops to 0.1050%, while the Taker fee decreases to 0.1150%. This tier is ideal for traders who are actively managing larger portfolios and looking to maximize their returns.
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charlotte_wilson_coder
Tue Sep 03 2024
BTCC, a top cryptocurrency exchange, also offers a range of services to traders, including spot trading, futures trading, and wallet services. By providing a comprehensive platform for traders to buy, sell, and manage their digital assets, BTCC has become a trusted and respected name in the industry.
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