What are the differences between Deribit and Bybit in terms of trading fees?
Abildtrup WoodardDec 29, 2021 · 3 years ago3 answers
Can you explain the differences between Deribit and Bybit when it comes to trading fees? I'm interested in understanding the fee structures of these two cryptocurrency exchanges and how they compare.
3 answers
- Dec 29, 2021 · 3 years agoDeribit and Bybit have different fee structures. Deribit charges a maker fee of 0.02% and a taker fee of 0.05%, while Bybit charges a maker fee of 0.025% and a taker fee of 0.075%. So, Bybit has slightly higher fees compared to Deribit. However, it's important to note that both exchanges offer fee discounts for high-volume traders, which can significantly reduce the overall trading costs.
- Dec 29, 2021 · 3 years agoWhen it comes to trading fees, Deribit and Bybit have some differences. Deribit offers a tiered fee structure based on trading volume, with lower fees for higher trading volumes. Bybit, on the other hand, has a flat fee structure that applies to all traders. So, if you are a high-volume trader, Deribit may offer more competitive fees. However, if you are a low-volume trader, Bybit's flat fee structure may be more cost-effective for you.
- Dec 29, 2021 · 3 years agoIn terms of trading fees, Deribit and Bybit have their own unique fee structures. Deribit charges a maker fee of 0.02% and a taker fee of 0.05%, while Bybit charges a maker fee of 0.025% and a taker fee of 0.075%. Both exchanges also offer fee discounts for market makers, which can incentivize liquidity provision. However, it's worth noting that Deribit has a higher fee discount for market makers compared to Bybit. So, if you are a market maker, Deribit may be more attractive in terms of trading fees.
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