Are there any fees associated with using terrausd on the FTX platform?

3 answers

• Enemark HutchisonMay 02, 2022 · 3 years ago
  Yes, there are fees associated with using terrausd on the FTX platform. When it comes to transactions, FTX charges a trading fee of 0.1% for both makers and takers. This fee can be reduced further if you hold FTT, the native cryptocurrency of FTX, and use it to pay for fees. As for deposits and withdrawals, FTX does not charge any fees for terrausd deposits. However, there might be network fees associated with the blockchain used for terrausd. It's always a good idea to check the current fee structure on the FTX platform to stay updated.
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• Dharsana SJul 21, 2023 · 2 years ago
  Absolutely! If you're planning to use terrausd on the FTX platform, you should be aware of the fees involved. When you make a trade with terrausd, FTX charges a trading fee of 0.1%. This fee applies to both buying and selling terrausd. Additionally, there might be network fees associated with the blockchain used for terrausd. It's important to consider these fees when planning your trades on the FTX platform.
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• Lucie SchaeferováApr 20, 2023 · 2 years ago
  Yes, there are fees associated with using terrausd on the FTX platform. FTX is known for its transparent fee structure, and terrausd is no exception. When you trade terrausd on FTX, you will be charged a trading fee of 0.1%. This fee is applied to both makers and takers. However, FTX offers a fee reduction program where you can use FTT, the native cryptocurrency of FTX, to pay for fees and get a discount. It's worth considering this option to save on fees when using terrausd on the FTX platform.
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