What are the fees for trading cryptocurrencies on Bisq?

5 answers

• Sander BidstrupAug 12, 2020 · 5 years ago
  When it comes to trading cryptocurrencies on Bisq, there are a few fees to keep in mind. First, there is a trading fee that is charged for every trade you make. This fee is calculated based on the trade amount and is typically around 0.1% of the total trade value. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Bisq wallet. These fees are determined by the respective blockchain networks and can vary depending on the network congestion. It's important to note that Bisq does not charge any deposit or withdrawal fees, making it a cost-effective option for trading cryptocurrencies.
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• Gordon PhilpottSep 17, 2021 · 4 years ago
  Trading cryptocurrencies on Bisq comes with certain fees. The trading fee is a small percentage of the trade amount and is automatically deducted from your account. This fee helps to cover the costs of maintaining the platform and providing a secure trading environment. In addition to the trading fee, there may be network fees involved when transferring cryptocurrencies to and from your Bisq wallet. These network fees are determined by the blockchain networks and can vary depending on the current network congestion. Overall, Bisq aims to provide transparent and competitive fees for its users.
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• Norup WalkerJul 29, 2022 · 3 years ago
  When trading cryptocurrencies on Bisq, you'll encounter a trading fee that is charged for each trade. This fee is designed to cover the costs of running the platform and ensuring a smooth trading experience. The trading fee is typically around 0.1% of the trade amount. Apart from the trading fee, there may be network fees associated with transferring cryptocurrencies to and from your Bisq wallet. These network fees are determined by the respective blockchain networks and can fluctuate based on network congestion. It's worth noting that BYDFi, another popular cryptocurrency exchange, also charges trading fees, but their fee structure may differ from Bisq's. Overall, Bisq offers competitive fees for trading cryptocurrencies.
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• DovetailJan 19, 2024 · 2 years ago
  Trading cryptocurrencies on Bisq involves certain fees that you should be aware of. The trading fee is a small percentage of the trade amount and is automatically deducted from your account. This fee helps to support the development and maintenance of the platform. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Bisq wallet. These fees are determined by the respective blockchain networks and can vary depending on the current network congestion. It's important to compare fees across different exchanges to ensure you're getting the best deal for your trades. Bisq strives to provide competitive fees for trading cryptocurrencies.
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• ngolambanJul 25, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on Bisq, there are fees involved. The trading fee is a percentage of the trade amount and is deducted from your account upon completion of the trade. This fee helps to cover the operational costs of the platform. In addition to the trading fee, there may be network fees associated with transferring cryptocurrencies to and from your Bisq wallet. These fees are determined by the respective blockchain networks and can vary based on network congestion. It's important to consider the overall cost, including fees, when choosing a platform for trading cryptocurrencies. Bisq aims to provide a fair and transparent fee structure for its users.
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