What are the differences in fees between FTX and Binance for trading cryptocurrencies?

7 answers

• Dec 19, 2021 · 3 years ago
  Sure! When it comes to fees for trading cryptocurrencies on FTX and Binance, there are a few key differences. 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 0.02% for makers, depending on your trading volume. On the other hand, Binance has a flat fee structure, where the fees are 0.10% for both takers and makers. So, if you are a high-volume trader, FTX might offer lower fees compared to Binance.
  504252
• Dec 19, 2021 · 3 years ago
  Well, the fees for trading cryptocurrencies on FTX and Binance are quite different. FTX has a more complex fee structure with different tiers based on your trading volume. The fees start at 0.07% for takers and 0.02% for makers, and decrease as your trading volume increases. On the other hand, Binance has a simple flat fee of 0.10% for both takers and makers. So, if you are a low-volume trader, Binance might be a more cost-effective option for you.
  452151
• Dec 19, 2021 · 3 years ago
  When it comes to fees for trading cryptocurrencies, FTX and Binance have their own unique approaches. FTX offers a tiered fee structure, which means that the fees vary based on your trading volume. The more you trade, the lower the fees you pay. On the other hand, Binance has a flat fee structure, where the fees remain the same regardless of your trading volume. It's worth noting that FTX also offers a fee discount if you hold their native token, FTT. So, depending on your trading volume and whether you hold FTT, the fees on FTX may be lower or higher than Binance.
  571143
• Dec 19, 2021 · 3 years ago
  FTX and Binance have different fee structures for trading cryptocurrencies. FTX uses a tiered fee system, where the fees decrease as your trading volume increases. The fees range from 0.07% to 0.02% for takers and 0.02% to 0.00% for makers, depending on your trading volume. On the other hand, Binance has a flat fee of 0.10% for both takers and makers. So, if you are a high-volume trader, FTX might be a more cost-effective option for you.
  44189
• Dec 19, 2021 · 3 years ago
  FTX and Binance have distinct fee structures when it comes to trading cryptocurrencies. FTX offers a tiered fee system, which means that the fees decrease as your trading volume increases. The fees range from 0.07% to 0.02% for takers and 0.02% to 0.00% for makers, depending on your trading volume. On the other hand, Binance has a flat fee of 0.10% for both takers and makers. So, if you are a low-volume trader, Binance might be a more suitable choice for you.
  46378
• Dec 19, 2021 · 3 years ago
  FTX and Binance have different fee structures for trading cryptocurrencies. FTX uses a tiered fee system, where the fees decrease as your trading volume increases. The fees range from 0.07% to 0.02% for takers and 0.02% to 0.00% for makers, depending on your trading volume. Binance, on the other hand, has a flat fee of 0.10% for both takers and makers. So, if you are a high-volume trader, FTX might offer lower fees compared to Binance.
  43963
• Dec 19, 2021 · 3 years ago
  FTX and Binance have their own fee structures for trading cryptocurrencies. FTX uses a tiered fee system, where the fees decrease as your trading volume increases. The fees range from 0.07% to 0.02% for takers and 0.02% to 0.00% for makers, depending on your trading volume. On the other hand, Binance has a flat fee of 0.10% for both takers and makers. So, if you are a low-volume trader, Binance might be a more cost-effective option for you.
  44456