What is the fee structure for trading on FTX Digital Markets?
The Bailbond CompanyDec 18, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fee structure for trading on FTX Digital Markets? How are the fees calculated and what are the different fee tiers?
3 answers
- Dec 18, 2021 · 3 years agoSure! The fee structure on FTX Digital Markets is based on a tiered system. The fees are calculated based on your trading volume over the past 30 days. The more you trade, the lower your fees will be. The fee tiers range from 0.02% for users with a trading volume of less than $1 million to 0.01% for users with a trading volume of more than $10 million. It's important to note that these fees apply to both makers and takers, and there are no additional fees for deposits or withdrawals.
- Dec 18, 2021 · 3 years agoThe fee structure on FTX Digital Markets is designed to incentivize high-volume traders. The more you trade, the lower your fees will be. This encourages liquidity and active trading on the platform. The fees are calculated based on your trading volume over the past 30 days, and the fee tiers range from 0.02% to 0.01%. It's important to consider the fee structure when choosing a cryptocurrency exchange, as it can have a significant impact on your trading costs.
- Dec 18, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, has a transparent fee structure for trading on FTX Digital Markets. The fees are based on a tiered system, where the more you trade, the lower your fees will be. The fee tiers range from 0.02% for users with a trading volume of less than $1 million to 0.01% for users with a trading volume of more than $10 million. It's important to note that these fees apply to both makers and takers, and there are no additional fees for deposits or withdrawals. Overall, the fee structure on FTX Digital Markets is competitive and designed to benefit active traders.
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