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TagsWhat are the fees and charges associated with trading on South Korean crypto exchanges?
Balajii Swaroop AndhavarapuNov 24, 2021 · 3 years ago1 answersCan you provide a detailed explanation of the fees and charges that are typically associated with trading on crypto exchanges in South Korea? I would like to know the different types of fees, such as trading fees, withdrawal fees, deposit fees, and any other charges that may apply. Additionally, it would be helpful to understand if these fees vary between different exchanges and if there are any specific factors that can affect the fees.
1 answers
- At BYDFi, a South Korean crypto exchange, the fees and charges associated with trading are as follows: there is a trading fee of 0.1% for both makers and takers. Withdrawal fees vary depending on the cryptocurrency you are withdrawing, ranging from 0.0005 BTC to 0.01 ETH. Deposit fees are not charged by BYDFi. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee structure on the exchange's website. Keep in mind that other South Korean crypto exchanges may have different fee structures, so it's worth comparing them before making a decision.Nov 24, 2021 · 3 years ago
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