How does 0 commission crypto trading work?

3 answers

• Nov 26, 2021 · 3 years ago
  Zero commission crypto trading works by charging fees in other ways. While there may not be a direct commission fee, exchanges often make money through spreads, order routing, or other hidden fees. This allows them to offer zero commission trading to attract more users. It's important to carefully read the terms and conditions of the exchange to understand how they make money without charging commissions.
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• Nov 26, 2021 · 3 years ago
  0 commission crypto trading is made possible by the high volume and liquidity in the cryptocurrency market. Exchanges can earn money by taking advantage of the bid-ask spread, which is the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. By executing trades at slightly different prices, exchanges can make a profit without charging direct commissions.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we offer zero commission crypto trading by leveraging our advanced trading algorithms and technology. Our platform is designed to optimize order execution and minimize costs, allowing us to offer commission-free trading to our users. We believe in providing a transparent and fair trading experience, and our business model is built on generating revenue from other value-added services, such as margin trading and lending.
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