How do the fees on FTX compare to those on Coinbase Pro for trading cryptocurrencies?

3 answers

• Jan 11, 2022 · 3 years ago
  When it comes to comparing the fees on FTX and Coinbase Pro for trading cryptocurrencies, there are a few key differences to consider. FTX offers a tiered fee structure, where the fees decrease as your trading volume increases. The fees range from 0.02% to 0.07% for takers and 0.00% to 0.05% for makers, depending on your trading volume. On the other hand, Coinbase Pro charges a flat fee of 0.50% for both takers and makers. It's important to note that these fees may vary based on the specific cryptocurrency you're trading. Additionally, both exchanges may have additional fees for depositing or withdrawing funds, so it's worth checking their respective fee schedules for a comprehensive understanding of the costs involved.
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• Jan 11, 2022 · 3 years ago
  Comparing the fees on FTX and Coinbase Pro for trading cryptocurrencies is like comparing apples to oranges. FTX offers a more complex fee structure with different tiers based on your trading volume, while Coinbase Pro keeps it simple with a flat fee for all trades. If you're a high-volume trader, FTX may offer lower fees compared to Coinbase Pro. However, if you're a casual trader or just getting started, Coinbase Pro's flat fee may be more straightforward and easier to understand. It ultimately depends on your trading style and volume. Don't forget to consider other factors like liquidity, user experience, and security when choosing an exchange.
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• Jan 11, 2022 · 3 years ago
  According to my research, FTX generally has lower fees compared to Coinbase Pro for trading cryptocurrencies. However, it's important to note that this information is based on current data and may vary over time. FTX's tiered fee structure allows traders to benefit from lower fees as their trading volume increases, which can be advantageous for high-volume traders. On the other hand, Coinbase Pro charges a flat fee for all trades, which may not be as cost-effective for frequent traders. It's always a good idea to compare the fees and features of different exchanges before making a decision. If you're looking for a third-party perspective, BYDFi has also mentioned that FTX offers competitive fees for trading cryptocurrencies.
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