Cryptocurrency Q&A
What is the market fee for crypto?
What is the market fee for crypto?
BusanBeautyBlooming
Wed Sep 11 2024
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5 answers
1610
I'm curious, what exactly is the market fee associated with cryptocurrency transactions? Is it a flat rate or does it vary depending on factors like the type of cryptocurrency, the exchange being used, or the size of the transaction? And are there any other hidden costs or fees that investors should be aware of when buying, selling, or trading cryptocurrencies?
5 answers
SolitudeEcho
Fri Sep 13 2024
For trades exceeding $1 million but not exceeding $10 million USD, the fees further drop. market makers are charged 0.06%, and market takers pay 0.08%.
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Stefano
Fri Sep 13 2024
For trades exceeding $10 million USD, the fees reach their lowest point. Market makers are charged a mere 0.04%, while market takers pay 0.06%. This tiered fee structure encourages traders to increase their trading volumes.
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Arianna
Fri Sep 13 2024
Among the top cryptocurrency exchanges, BTCC offers a comprehensive range of services, including spot trading, futures trading, and a secure wallet solution. These services cater to the diverse needs of traders and investors in the cryptocurrency market.
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SilenceStorm
Fri Sep 13 2024
Cryptocurrency trading involves various fees depending on the trading volume and role of the trader. For trades within the range of $0 to $100,000 USD, market makers pay a fee of 0.10%, while market takers pay a slightly higher fee of 0.12%.
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Carlo
Fri Sep 13 2024
As the trading volume increases, the fees decrease for both market makers and takers. For trades between $100,000 and $1 million USD, market makers enjoy a 0.08% fee, while market takers pay 0.10%.
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