Cryptocurrency Q&A
How much does FTX charge for spot trading?
How much does FTX charge for spot trading?
Bianca
Fri Sep 06 2024
|
5 answers
1634
Could you please elaborate on the fees associated with spot trading on FTX? Are there any base fees or maker-taker fees that traders should be aware of? Are there any discounts or promotions for high-volume traders? Additionally, are there any additional fees or surcharges that could potentially increase the cost of trading? Understanding these details is crucial for traders to make informed decisions when using FTX for their spot trading needs.
5 answers
Valentina
Sun Sep 08 2024
FTX exchange operates on a tiered fee system designed to cater to both makers and takers of transactions. This structure ensures a fair and dynamic pricing model, tailored to the individual's trading volume.
Was this helpful?
357
63
SunlitMystery
Sun Sep 08 2024
There are precisely six tiers within this fee system, each tier determined by the cumulative trading volume over a 30-day period. This approach incentivizes users to increase their trading activity, as higher volumes lead to lower fees.
Was this helpful?
307
90
GeishaCharming
Sun Sep 08 2024
For traders whose 30-day volume falls below the $2 million mark, FTX offers competitive rates. Specifically, makers, those who provide liquidity to the market, are charged a fee of 0.020%, while takers, who remove liquidity, are charged a slightly higher fee of 0.070%.
Was this helpful?
329
84
Martina
Sat Sep 07 2024
BTCC, a prominent cryptocurrency exchange, offers a diverse range of services to its users. Its portfolio includes spot trading, enabling users to buy and sell digital assets directly at current market prices.
Was this helpful?
328
78
Enrico
Sat Sep 07 2024
Additionally, BTCC provides access to futures trading, allowing traders to speculate on the future price movements of cryptocurrencies. This service offers advanced trading strategies and potential for Leveraged gains.
Was this helpful?
313
43
