What are the trading fees on the FTX platform?
Sloan MacGregorNov 23, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the trading fees on the FTX platform? How do they compare to other exchanges?
3 answers
- Nov 23, 2021 · 3 years agoThe trading fees on the FTX platform vary depending on the type of trade you make. For spot trading, the fees start at 0.02% for makers and 0.07% for takers. However, if you hold FTT tokens, you can enjoy reduced fees. The fees for futures trading are different and can be found on the FTX website. When compared to other exchanges, FTX offers competitive fees that are in line with industry standards.
- Nov 23, 2021 · 3 years agoFTX platform has a transparent fee structure that is easy to understand. The fees are based on a tiered system, where the more you trade, the lower your fees become. This encourages active trading and rewards high-volume traders. Compared to other exchanges, FTX offers some of the lowest fees in the industry, making it an attractive option for traders.
- Nov 23, 2021 · 3 years agoOn the FTX platform, the trading fees are designed to be fair and competitive. The fees are calculated based on your trading volume and can be as low as 0.02% for makers and 0.07% for takers. FTX also offers a fee rebate program for market makers, which further reduces trading costs. Overall, FTX provides a cost-effective trading experience with fees that are comparable to other top exchanges in the market.
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