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How does the commission structure work for buying and selling digital currencies?

avatarMiles ZhangMar 06, 2022 · 3 years ago1 answers

Can you explain how the commission structure works when buying and selling digital currencies? I'm curious about the fees involved and how they are calculated.

How does the commission structure work for buying and selling digital currencies?
Digital Currencies
Commission Structure
Fees

1 answers

  • avatarMar 06, 2022 · 3 years ago
    At BYDFi, the commission structure for buying and selling digital currencies is designed to be transparent and competitive. We charge a percentage fee based on the total transaction amount, which is in line with industry standards. Our fee structure is tiered, meaning that the percentage fee decreases as the transaction volume increases. This allows high-volume traders to enjoy lower commission rates. Additionally, we do not charge any fees for deposits or withdrawals, making it more convenient for our users. We believe in providing a fair and cost-effective trading experience for our users, and our commission structure reflects that commitment.

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