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Which brokerage offers the lowest fees for buying and selling digital assets?

avatarLazarescu Ecaterina-SoniaDec 17, 2021 · 3 years ago3 answers

I am looking for a brokerage that offers the lowest fees for buying and selling digital assets. Can you recommend any brokerages that have competitive fees for trading cryptocurrencies and other digital assets? I want to minimize the costs associated with trading and maximize my potential profits. Please provide some options and details about their fee structures.

Which brokerage offers the lowest fees for buying and selling digital assets?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One brokerage that offers low fees for buying and selling digital assets is Binance. They have a competitive fee structure that starts at 0.1% for both makers and takers. Binance also offers a fee discount if you hold their native cryptocurrency, BNB, in your account. This can further reduce your trading fees. Additionally, Binance has a wide range of digital assets available for trading, providing you with ample opportunities to diversify your portfolio. Overall, Binance is a popular choice among traders due to its low fees and extensive selection of digital assets.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for a brokerage with low fees for buying and selling digital assets, you might want to consider Coinbase. Coinbase offers a transparent fee structure that varies depending on the region and payment method. For example, in the United States, Coinbase charges a fee of 0.50% for trades. However, Coinbase Pro, their advanced trading platform, offers lower fees starting at 0.05%. Coinbase also provides a user-friendly interface and a secure platform, making it a popular choice for beginners and experienced traders alike.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a brokerage that offers competitive fees for buying and selling digital assets. They have a tiered fee structure that starts at 0.15% for makers and 0.25% for takers. However, the fees can be reduced based on your trading volume. BYDFi also offers a wide range of digital assets for trading, including cryptocurrencies and tokens. Their platform is user-friendly and provides advanced trading features for experienced traders. Overall, BYDFi is a reliable brokerage option for those looking for low fees and a diverse selection of digital assets.