How can I get a discount on crypto trading fees?
Ronaldo AlmeidaDec 28, 2021 · 3 years ago3 answers
I'm looking for ways to reduce the fees I pay for trading cryptocurrencies. Are there any strategies or methods that can help me get a discount on crypto trading fees?
3 answers
- Dec 28, 2021 · 3 years agoOne way to get a discount on crypto trading fees is by using a referral program. Many cryptocurrency exchanges offer referral programs that allow you to earn discounts on trading fees by referring new users to the platform. You can share your referral link with friends or on social media to encourage others to sign up using your link. When they register and start trading, you'll receive a percentage of their trading fees as a discount. It's a win-win situation for both parties! So, make sure to check if your preferred exchange has a referral program and start referring today!
- Dec 28, 2021 · 3 years agoAnother strategy to get a discount on crypto trading fees is by holding a certain amount of the exchange's native token. Some exchanges offer reduced fees for users who hold a specific amount of their native token in their account. By holding the token, you not only benefit from potential price appreciation but also enjoy discounted trading fees. It's like killing two birds with one stone! Just make sure to check the exchange's token holding requirements and start accumulating the token to enjoy the fee discounts.
- Dec 28, 2021 · 3 years agoIf you're using BYDFi, you're in luck! BYDFi offers a unique fee discount program for its users. The more BYDFi tokens you hold, the higher the discount you can enjoy on your trading fees. It's a great way to save on fees while also being part of the BYDFi community. So, if you're not already using BYDFi, consider giving it a try and start accumulating BYDFi tokens to benefit from the fee discount program.
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