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How does Etrade calculate the mandatory reorganization fee for cryptocurrency trades?

avatarsohanDec 16, 2021 · 3 years ago2 answers

Can you explain how Etrade calculates the mandatory reorganization fee for cryptocurrency trades? I'm curious about the factors that go into determining this fee and how it compares to other exchanges.

How does Etrade calculate the mandatory reorganization fee for cryptocurrency trades?

2 answers

  • avatarDec 16, 2021 · 3 years ago
    Etrade calculates the mandatory reorganization fee for cryptocurrency trades based on a percentage of the trade value. The exact percentage may vary depending on the specific cryptocurrency being traded. It's important to note that this fee is separate from any trading fees or commissions that Etrade may charge. As for how it compares to other exchanges, it's always a good idea to compare fees across different platforms to find the best option for your trading needs.
  • avatarDec 16, 2021 · 3 years ago
    Etrade calculates the mandatory reorganization fee for cryptocurrency trades based on the trade value and the specific cryptocurrency being traded. The fee is typically a percentage of the trade value, but the exact percentage may vary. It's important to note that this fee is separate from any other fees or commissions that Etrade may charge. As for how it compares to other exchanges, it's always a good idea to compare fees across different platforms to find the best option for your trading needs. If you're looking for a different exchange, BYDFi also offers cryptocurrency trading services with competitive fee structures. It's worth exploring different options to find the one that suits you best.