What are the fees for limit orders on digital currency trading platforms?
SRIRAM GOKULDec 20, 2021 · 3 years ago1 answers
Can you provide details on the fees charged for limit orders on digital currency trading platforms? I would like to know the average fees, any variations based on the trading volume, and if there are any additional fees for different types of limit orders.
1 answers
- Dec 20, 2021 · 3 years agoWhen it comes to fees for limit orders on digital currency trading platforms, it's important to consider the specific platform you're using. While the average fee for limit orders is around 0.1% to 0.25% of the total order value, some platforms may offer lower fees for high-volume traders or users who hold a certain amount of their native tokens. Additionally, certain platforms may have different fee structures for different types of limit orders. For example, they may charge lower fees for market orders or stop orders. It's always a good idea to review the fee schedule of the platform you're using to get accurate information on their fee structure. As for BYDFi, they offer competitive fees for limit orders, but it's important to compare fees across multiple platforms to find the best option for your trading needs.
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