What are the fees for trading on Yobit exchange?
TusharNov 25, 2021 · 3 years ago3 answers
Can you provide details about the fees charged for trading on Yobit exchange? How do these fees compare to other cryptocurrency exchanges?
3 answers
- Nov 25, 2021 · 3 years agoTrading on Yobit exchange incurs fees that vary depending on the type of transaction. For market makers, who add liquidity to the order book, the fees range from 0% to 0.2%. Market takers, who remove liquidity from the order book, are charged a fee ranging from 0.1% to 0.2%. These fees are relatively competitive compared to other cryptocurrency exchanges, making Yobit an attractive option for traders looking to minimize costs.
- Nov 25, 2021 · 3 years agoWhen trading on Yobit exchange, you'll encounter fees that differ based on whether you're a market maker or a market taker. Market makers, who provide liquidity to the exchange, enjoy lower fees ranging from 0% to 0.2%. On the other hand, market takers, who remove liquidity from the exchange, are subject to slightly higher fees ranging from 0.1% to 0.2%. These fees are in line with industry standards and are comparable to other popular cryptocurrency exchanges.
- Nov 25, 2021 · 3 years agoYobit exchange offers competitive fees for trading. Market makers, who add liquidity to the order book, are charged fees ranging from 0% to 0.2%. Market takers, who remove liquidity from the order book, are charged fees ranging from 0.1% to 0.2%. These fees are similar to what you would find on other reputable cryptocurrency exchanges. If you're looking for a platform with reasonable fees, Yobit is worth considering.
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