CryptoBaroness
Fri Sep 06 2024
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6 answers
1251
What is the exchange clearing fee?
Excuse me, could you please elaborate on what exactly is meant by the term "exchange clearing fee"? I'm curious to understand if it refers to a specific charge levied by cryptocurrency exchanges when transactions are processed and settled, or if it encompasses a broader range of costs associated with ensuring the smooth and efficient operation of the exchange platform. Additionally, I'm interested in knowing if these fees vary across different exchanges and if they are typically disclosed upfront to users. Thank you for your clarification.
