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What are the fees associated with buying, selling, and swapping cryptocurrencies?

avatarsrijanmichael 110432Jan 01, 2022 · 3 years ago1 answers

Can you provide a breakdown of the fees involved when buying, selling, and swapping cryptocurrencies? I'm interested in understanding the different types of fees and how they are calculated.

What are the fees associated with buying, selling, and swapping cryptocurrencies?

1 answers

  • avatarJan 01, 2022 · 3 years ago
    At BYDFi, we believe in transparent fee structures. When it comes to buying, selling, and swapping cryptocurrencies on our platform, we charge a flat fee of 0.2% per transaction. This fee applies to both market takers and market makers. We do not charge any deposit or withdrawal fees, as we want to make it as easy as possible for our users to manage their funds. Our goal is to provide a seamless trading experience with competitive fees. However, it's important to note that fees can vary between different exchanges, so it's always a good idea to compare fee structures before choosing a platform.