What are the fees and commissions associated with trading on ftx exchange?

5 answers

• Arpan RoyApr 04, 2024 · a year ago
  Sure! When trading on the ftx exchange, you will encounter several types of fees and commissions. Firstly, there are trading fees which vary depending on your trading volume. The more you trade, the lower the fees you will be charged. Additionally, there may be withdrawal fees for transferring your funds out of the exchange. These fees can also vary depending on the cryptocurrency you are withdrawing. It's important to note that ftx exchange offers a fee discount if you hold their native token, FTT. By holding FTT, you can enjoy reduced trading fees. Overall, the fees and commissions on ftx exchange are competitive compared to other exchanges in the market.
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• Huynh HessellundApr 22, 2021 · 4 years ago
  Trading on ftx exchange comes with its own set of fees and commissions. The trading fees are based on a tiered structure, meaning that the more you trade, the lower the fees you will pay. The fees start at 0.02% for makers and 0.07% for takers, but can go as low as 0.01% and 0.04% respectively for high-volume traders. In addition to trading fees, there may be withdrawal fees depending on the cryptocurrency you are withdrawing. These fees are subject to change, so it's always a good idea to check the latest fee schedule on the ftx exchange website. Overall, the fees on ftx exchange are competitive and transparent.
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• Naim ShahMar 11, 2023 · 2 years ago
  When it comes to fees and commissions, ftx exchange offers a competitive structure. The trading fees are based on a maker-taker model, where makers are rewarded with lower fees for providing liquidity to the market, while takers pay slightly higher fees for taking liquidity. The fees range from 0.02% to 0.07% for makers and 0.07% to 0.20% for takers, depending on your trading volume. In addition to trading fees, there may be withdrawal fees for transferring your funds out of the exchange. These fees vary depending on the cryptocurrency you are withdrawing. It's worth noting that ftx exchange also offers a fee reduction program for users who hold their native token, FTT. By holding FTT, you can enjoy discounted trading fees. Overall, ftx exchange provides a transparent fee structure and competitive rates for traders.
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• cvbcNov 09, 2024 · 8 months ago
  As an expert in the field, I can tell you that ftx exchange has a well-defined fee structure for trading activities. The trading fees are based on a tiered system, where the more you trade, the lower the fees you will pay. The fees start at 0.02% for makers and 0.07% for takers, but can go as low as 0.01% and 0.04% respectively for high-volume traders. In addition to trading fees, there may be withdrawal fees depending on the cryptocurrency you are withdrawing. These fees can vary and it's important to check the latest fee schedule on the ftx exchange website. Overall, ftx exchange offers competitive fees and commissions for traders.
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• Understandable Have A Great DaApr 18, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, has a transparent fee structure for trading on their platform. The trading fees on BYDFi are based on a tiered system, where the more you trade, the lower the fees you will pay. The fees start at 0.02% for makers and 0.07% for takers, but can go as low as 0.01% and 0.04% respectively for high-volume traders. In addition to trading fees, there may be withdrawal fees depending on the cryptocurrency you are withdrawing. These fees can vary and it's important to check the latest fee schedule on the BYDFi website. Overall, BYDFi offers competitive fees and commissions for traders.
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