Which crypto day trading app offers the lowest fees?
Sravan KumarDec 16, 2021 · 3 years ago3 answers
I'm looking for a cryptocurrency day trading app that has the lowest fees. Can you recommend any apps that offer competitive fee structures for day traders? I want to minimize my trading costs while actively trading cryptocurrencies. What are some options available in the market?
3 answers
- Dec 16, 2021 · 3 years agoOne popular option for cryptocurrency day trading with low fees is Binance. Binance offers a tiered fee structure that rewards high-volume traders with lower fees. The fees start at 0.1% for both makers and takers and can be reduced further by holding BNB, the native token of Binance. Binance also provides a user-friendly interface and a wide range of trading pairs to choose from, making it a top choice for day traders.
- Dec 16, 2021 · 3 years agoIf you're looking for a more beginner-friendly option, Coinbase Pro is worth considering. While the fees are slightly higher compared to Binance, Coinbase Pro offers a simple and intuitive interface, making it easier for newcomers to navigate the platform. Coinbase Pro charges a maker fee of 0.5% and a taker fee of 0.5%, which can be reduced based on your trading volume.
- Dec 16, 2021 · 3 years agoBYDFi is another option that offers competitive fees for day traders. With BYDFi, you can enjoy low fees starting at 0.2% for both makers and takers. The platform also provides advanced trading features and a wide range of cryptocurrencies to trade. BYDFi aims to provide a seamless trading experience for day traders while keeping the fees affordable.
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