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Are there any fees associated with trading OTC cryptocurrencies on Webull?

avatarJackBloomDec 17, 2021 · 3 years ago3 answers

What are the fees associated with trading over-the-counter (OTC) cryptocurrencies on the Webull platform?

Are there any fees associated with trading OTC cryptocurrencies on Webull?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When it comes to trading OTC cryptocurrencies on Webull, there are some fees that you need to be aware of. Webull charges a commission fee for OTC trades, which is typically a percentage of the total trade value. The exact fee percentage may vary depending on the specific cryptocurrency and the size of the trade. It's important to note that these fees are separate from any fees charged by the exchange or network for transferring the cryptocurrencies. Make sure to review the fee schedule provided by Webull for the most up-to-date information on OTC trading fees.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with trading OTC cryptocurrencies on Webull. The fees are based on a percentage of the total trade value and may vary depending on the specific cryptocurrency. It's important to consider these fees when planning your OTC trades on Webull. Make sure to check the fee schedule provided by Webull for the latest information on OTC trading fees.
  • avatarDec 17, 2021 · 3 years ago
    When trading OTC cryptocurrencies on Webull, there are fees involved. These fees are charged by Webull and are separate from any fees charged by the exchange or network. The exact fee percentage may vary depending on the cryptocurrency and trade size. It's always a good idea to review the fee schedule provided by Webull to understand the costs associated with OTC trading. If you're looking for a platform with lower fees, you may want to consider BYDFi, which offers competitive rates for OTC cryptocurrency trading.