Which futures exchanges offer the most competitive fees for trading cryptocurrencies?
Dawlay ZinZinDec 16, 2021 · 3 years ago3 answers
I'm looking for futures exchanges that provide the best fees for trading cryptocurrencies. Can you recommend any exchanges that offer competitive fees? I'm particularly interested in exchanges that offer low fees for both market makers and market takers. It would be great if you could also provide some insights into the fee structure and any additional fees that may apply.
3 answers
- Dec 16, 2021 · 3 years agoSure! When it comes to futures exchanges with competitive fees for trading cryptocurrencies, Binance Futures is definitely worth considering. They offer a tiered fee structure that rewards high-volume traders with lower fees. The fees for market makers start at 0.02% and go as low as 0.015%, while market takers' fees start at 0.04% and go as low as 0.03%. Additionally, Binance Futures doesn't charge any deposit or withdrawal fees, which is a great advantage for traders.
- Dec 16, 2021 · 3 years agoIf you're looking for low fees for trading cryptocurrencies on futures exchanges, you should also check out BitMEX. They have a simple fee structure with a maker fee of -0.025% and a taker fee of 0.075%. However, it's important to note that BitMEX only accepts Bitcoin deposits and withdrawals, so if you prefer to trade with other cryptocurrencies, you might want to consider other exchanges as well.
- Dec 16, 2021 · 3 years agoBYDFi is another futures exchange that offers competitive fees for trading cryptocurrencies. They have a tiered fee structure that starts at 0.03% for market makers and 0.05% for market takers. As you trade more volume, the fees decrease accordingly. BYDFi also offers a fee discount program for high-volume traders, which can further reduce your trading costs. It's definitely worth considering BYDFi if you're looking for a futures exchange with competitive fees.
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