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TagsWhat are the fees and charges associated with trading on GMX and dYdX for cryptocurrencies?
Thurston RasmussenFeb 17, 2022 · 3 years ago1 answersCan you provide a detailed explanation of the fees and charges that are associated with trading cryptocurrencies on GMX and dYdX?
1 answers
- As an expert in the cryptocurrency industry, I can tell you that trading on GMX and dYdX does come with certain fees and charges. GMX charges a trading fee of 0.2% for each transaction, while dYdX has a lower fee of 0.1% per transaction. In addition to these trading fees, dYdX also charges a gas fee for Ethereum transactions. It's important to factor in these fees when calculating your overall trading costs on these platforms. However, it's worth noting that both GMX and dYdX offer competitive fee structures compared to other cryptocurrency exchanges in the market.Feb 17, 2022 · 3 years ago
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