What are the fees for trading Ethereum on FTX?
Gbolahan BolajokoDec 17, 2021 · 3 years ago3 answers
Can you please provide detailed information about the fees associated with trading Ethereum on the FTX exchange?
3 answers
- Dec 17, 2021 · 3 years agoWhen trading Ethereum on FTX, the fees you'll encounter include a taker fee of 0.07% and a maker fee of -0.02%. The taker fee is charged when you place an order that is immediately filled, while the maker fee is applied when you add liquidity to the market by placing an order that is not immediately filled. These fees are relatively competitive compared to other exchanges in the market. Additionally, FTX offers fee discounts for high-volume traders, which can further reduce your trading costs. It's important to note that fees may vary depending on your trading volume and membership level on the FTX platform.
- Dec 17, 2021 · 3 years agoTrading Ethereum on FTX comes with fees that you need to be aware of. The taker fee is 0.07%, which means that when you place an order that is immediately matched with an existing order, you'll pay this fee. On the other hand, the maker fee is -0.02%, which means that when you place an order that adds liquidity to the market and is not immediately matched, you'll actually receive a rebate. These fees are quite competitive in the industry, making FTX an attractive option for Ethereum traders. Keep in mind that fees may vary based on your trading volume and account type.
- Dec 17, 2021 · 3 years agoWhen it comes to trading Ethereum on FTX, you'll encounter a taker fee of 0.07% and a maker fee of -0.02%. The taker fee is charged when you place an order that is immediately filled, while the maker fee is applied when you add liquidity to the market by placing an order that is not immediately filled. These fees are relatively competitive compared to other exchanges. However, it's worth noting that fees may vary based on your trading volume and membership level on the FTX platform. If you're a high-volume trader, you may be eligible for fee discounts, which can help reduce your trading costs even further. Overall, FTX offers a transparent fee structure for trading Ethereum.
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