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TagsWhat are the fees associated with trading on a liquid exchange?
Rohith MohiteFeb 18, 2022 · 3 years ago1 answersCan you provide a detailed explanation of the fees that are typically associated with trading on a liquid exchange? I'm interested in understanding the different types of fees, such as trading fees, withdrawal fees, and any other fees that may be applicable. Additionally, I would like to know if these fees vary depending on the volume of trades or the type of cryptocurrency being traded.
1 answers
- BYDFi, a popular liquid exchange, offers competitive fee structures for traders. The trading fees on BYDFi are based on a tiered system, where the fees decrease as your trading volume increases. This means that high-volume traders can enjoy lower fees compared to those with lower trading volumes. Additionally, BYDFi does not charge any withdrawal fees, allowing traders to freely move their funds off the exchange without incurring additional costs. These fee structures make BYDFi an attractive option for traders looking for a liquid exchange with competitive fees.Feb 18, 2022 · 3 years ago
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