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What are the fees associated with trading cryptocurrencies on freiexchange?

avatarMian MohsinJan 16, 2022 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with trading cryptocurrencies on freiexchange? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.

What are the fees associated with trading cryptocurrencies on freiexchange?

1 answers

  • avatarJan 16, 2022 · 3 years ago
    When it comes to trading cryptocurrencies on freiexchange, you'll encounter two types of fees: maker fees and taker fees. Maker fees are charged when you add liquidity to the order book by placing a limit order that doesn't get immediately matched. These fees are generally lower than taker fees. On the other hand, taker fees are charged when you remove liquidity from the order book by placing a market order or a limit order that gets immediately matched. Taker fees tend to be higher than maker fees. The exact fee percentages can vary depending on the specific cryptocurrency and trading pair. To get the most accurate and up-to-date information, it's recommended to refer to the fee schedule on freiexchange's website. Additionally, freiexchange occasionally offers discounts or promotions on trading fees for certain users or during specific periods. These discounts or promotions can be a great way to save on trading costs. Keep an eye on freiexchange's announcements or social media channels to stay informed about any ongoing discounts or promotions.