What are the fees associated with trading on ftx.xom?
dev tolDec 26, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees associated with trading on ftx.xom? I would like to know the different types of fees, such as trading fees, withdrawal fees, and any other fees that may be applicable. Additionally, it would be helpful to understand how these fees are calculated and if there are any discounts or promotions available.
1 answers
- Dec 26, 2021 · 3 years agoTrading on ftx.xom comes with a range of fees. The trading fees are based on a maker-taker model, where makers provide liquidity to the order book and takers remove liquidity. Makers are charged a lower fee, while takers pay a slightly higher fee. The fees start at 0.02% for makers and 0.07% for takers, but can be reduced based on your trading volume. Withdrawal fees vary depending on the cryptocurrency and can be found on the ftx.xom website. It's worth noting that ftx.xom offers a referral program where you can earn a percentage of your referrals' trading fees. Overall, it's important to consider the fees when trading on any platform and compare them to other exchanges to ensure you're getting the best deal.
Related Tags
Hot Questions
- 96
What are the best practices for reporting cryptocurrency on my taxes?
- 91
How can I protect my digital assets from hackers?
- 64
What are the best digital currencies to invest in right now?
- 58
What is the future of blockchain technology?
- 40
What are the tax implications of using cryptocurrency?
- 30
How can I buy Bitcoin with a credit card?
- 20
How can I minimize my tax liability when dealing with cryptocurrencies?
- 17
Are there any special tax rules for crypto investors?