Is there a way to negotiate or lower the strike fee when trading large amounts of cryptocurrencies?
onkar suryavanshiDec 27, 2021 · 3 years ago3 answers
I want to trade a large amount of cryptocurrencies, but the strike fee seems too high. Is there any way to negotiate or lower the strike fee?
3 answers
- Dec 27, 2021 · 3 years agoWhen it comes to negotiating or lowering the strike fee when trading large amounts of cryptocurrencies, it's important to keep in mind that each exchange has its own fee structure. Some exchanges may offer discounts for high-volume traders, while others may not. It's worth reaching out to the customer support of the exchange you're using and inquiring about the possibility of negotiating a lower fee based on your trading volume. Additionally, you can consider exploring other exchanges that may have more favorable fee structures for large trades. Remember to always do your research and compare the fee structures of different exchanges before making a decision.
- Dec 27, 2021 · 3 years agoAh, the strike fee! It can be a real pain, especially when you're trading large amounts of cryptocurrencies. While it's not always possible to negotiate or lower the strike fee, there are a few things you can try. First, you can reach out to the exchange's customer support and explain your situation. Sometimes they may be willing to work with you and offer a discount or lower fee. Second, you can consider splitting your trade into smaller orders. This way, you may be able to take advantage of lower fees for smaller trades. Lastly, you can explore other exchanges that have more competitive fee structures. Remember, every exchange is different, so it's important to do your homework and find the best option for your trading needs.
- Dec 27, 2021 · 3 years agoAt BYDFi, we understand the concerns around strike fees when trading large amounts of cryptocurrencies. While we cannot speak for other exchanges, I can tell you that at BYDFi, we offer a tiered fee structure that rewards high-volume traders. The more you trade, the lower your strike fee will be. We believe in providing fair and competitive fees for all our users. If you're interested in trading large amounts of cryptocurrencies with lower strike fees, I encourage you to check out BYDFi and see how our fee structure can benefit you. Happy trading!
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