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What are the fees for trading NFTs on OKX?

avatarParimi Gandhi BalajiNov 24, 2021 · 3 years ago3 answers

Can you provide information about the fees associated with trading NFTs on OKX? I'm interested in knowing the costs involved before I start trading.

What are the fees for trading NFTs on OKX?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! When it comes to trading NFTs on OKX, there are a few fees to keep in mind. Firstly, there is a standard trading fee of 0.1% for both makers and takers. This fee applies to all trades, including NFTs. Additionally, there might be network fees associated with transferring NFTs on the blockchain. These fees vary depending on the network congestion and can be higher during peak times. It's always a good idea to check the current network fees before making any transactions. Lastly, OKX may also charge a withdrawal fee if you decide to move your NFTs to an external wallet. The withdrawal fee amount can vary depending on the specific NFT and blockchain it is associated with. Overall, it's important to consider these fees when trading NFTs on OKX to ensure you have a clear understanding of the costs involved.
  • avatarNov 24, 2021 · 3 years ago
    Trading NFTs on OKX comes with some fees. The standard trading fee is 0.1% for both makers and takers. This fee is applicable to all trades, including NFTs. Additionally, there might be network fees associated with transferring NFTs on the blockchain. These fees can vary depending on the network congestion and can be higher during peak times. It's always a good idea to check the current network fees before making any transactions. Lastly, if you decide to withdraw your NFTs to an external wallet, OKX may charge a withdrawal fee. The withdrawal fee amount depends on the specific NFT and blockchain it is associated with. It's important to be aware of these fees when trading NFTs on OKX to avoid any surprises.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to trading NFTs on OKX, you'll encounter a few fees. The standard trading fee for both makers and takers is 0.1%. This fee applies to all trades, including NFTs. Additionally, there might be network fees involved in transferring NFTs on the blockchain. These fees can vary depending on the network congestion and peak times. It's always a good idea to check the current network fees before initiating any transactions. Furthermore, if you decide to withdraw your NFTs to an external wallet, OKX may charge a withdrawal fee. The withdrawal fee amount depends on the specific NFT and blockchain. It's important to consider these fees when trading NFTs on OKX to make informed decisions.