How does FTX calculate trading costs?

3 answers

• Nov 23, 2021 · 3 years ago
  FTX calculates trading costs using a tiered fee structure. The fees are based on the user's trading volume over the past 30 days. The more a user trades, the lower their fees will be. This encourages active trading and rewards high-volume traders. It's important to note that FTX also offers fee discounts for users who hold and use their native token, FTT. By holding FTT, users can enjoy reduced trading fees and additional benefits on the platform.
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• Nov 23, 2021 · 3 years ago
  FTX's trading costs are determined by a combination of factors, including the user's trading volume, the type of trade (maker or taker), and the market conditions. The fees are calculated dynamically and are displayed on the trading interface before executing a trade. FTX aims to provide competitive and transparent pricing to its users, ensuring that they have a clear understanding of the costs associated with their trades.
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• Nov 23, 2021 · 3 years ago
  When it comes to calculating trading costs, FTX takes a user-friendly approach. They provide a fee schedule that clearly outlines the fees for different trading volumes. This allows users to easily calculate the costs before placing a trade. Additionally, FTX offers a fee rebate program for market makers, which incentivizes liquidity provision and helps to ensure a fair and efficient market. Overall, FTX strives to offer a cost-effective trading experience for its users.
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