What are the fees for OTC trading of cryptocurrencies on E-Trade?

3 answers

• Nov 28, 2021 · 3 years ago
  Sure! When it comes to OTC trading of cryptocurrencies on E-Trade, there are a few fees to consider. First, there is a commission fee, which is a percentage of the total trade value. The commission fee can vary depending on the size of the trade and the specific cryptocurrency being traded. Additionally, there may be a spread fee, which is the difference between the buying and selling price of the cryptocurrency. This fee is typically included in the trade execution price. It's important to note that the exact fees can vary, so it's best to check with E-Trade directly for the most up-to-date information.
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• Nov 28, 2021 · 3 years ago
  OTC trading fees on E-Trade can vary depending on the specific cryptocurrency and the size of the trade. It's always a good idea to review the fee schedule provided by E-Trade to get a clear understanding of the costs involved. Keep in mind that OTC trading fees may be higher compared to regular exchange trading fees, as OTC trades often involve larger volumes and require personalized service. If you're planning to engage in OTC trading, it's important to factor in these fees when considering your trading strategy.
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• Nov 28, 2021 · 3 years ago
  When it comes to OTC trading of cryptocurrencies on E-Trade, the fees can vary depending on the specific trade and the cryptocurrency being traded. It's important to note that E-Trade is not the only platform that offers OTC trading, and fees can differ between different exchanges. If you're looking for a third-party platform that specializes in OTC trading, you might consider BYDFi. They offer competitive fees and a user-friendly interface for OTC trading. However, it's always a good idea to compare fees and features across different platforms to find the best fit for your trading needs.
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