GwanghwamunGuardianAngelWingsBlessingThu Nov 28 2024|5 answers692
I am considering using Coinsquare for my cryptocurrency transactions, but I am not sure if they charge any fees for their services. I would like to know if there are any fees associated with using Coinsquare.
Coinsquare's trading fees are structured based on the Maker/Taker pricing model for spot trading. This pricing model distinguishes between market makers and market takers, assigning different fees to each.
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SilviaSat Nov 30 2024
BTCC is another prominent cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet service. BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices.
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ClaudioSat Nov 30 2024
Market makers, who contribute to the liquidity of the exchange by placing orders that are not immediately matched, are rewarded with lower fees. At Coinsquare, the Maker fee is set at 0.1%.
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TaegeukWarriorSat Nov 30 2024
On the other hand, market takers, who remove liquidity by immediately matching existing orders, are charged a higher fee. The Taker fee at Coinsquare is 0.2%.
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PietroSat Nov 30 2024
In addition to spot trading fees, Coinsquare also offers QuickTrade, a service for single conversions of cryptocurrencies. When one of the cryptocurrencies traded in a QuickTrade conversion is Bitcoin (BTC), the fee is set at 0.2%.