What are the average futures trading fees for popular cryptocurrency exchanges?

2 answers

• Mar 08, 2022 · 3 years ago
  As an expert in the field, I can tell you that the average futures trading fees on popular cryptocurrency exchanges can differ from one exchange to another. However, in general, these fees are usually a combination of a maker fee and a taker fee. The maker fee is charged when you provide liquidity to the market by placing a limit order that doesn't get immediately executed. On the other hand, the taker fee is charged when you take liquidity from the market by placing a market order or a limit order that gets immediately executed. The average maker fee can range from 0.02% to 0.05%, while the average taker fee can range from 0.04% to 0.07%. It's worth noting that some exchanges may offer discounted fees for high-volume traders or users who hold a certain amount of their native tokens.
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• Mar 08, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers competitive futures trading fees. The average maker fee on BYDFi is 0.03%, while the average taker fee is 0.06%. However, it's important to note that these fees may vary depending on the specific contract being traded. BYDFi also offers discounted fees for high-volume traders and users who hold a certain amount of BYD tokens. So, if you're looking for a reliable and cost-effective platform for futures trading, BYDFi could be a great choice.
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