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What are the fees for trading USDT on crypto.com in Canada?

avatarTommisDec 30, 2021 · 3 years ago3 answers

I would like to know the fees associated with trading USDT on crypto.com in Canada. Can you provide me with detailed information about the fees for buying and selling USDT on this platform?

What are the fees for trading USDT on crypto.com in Canada?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When trading USDT on crypto.com in Canada, you will encounter trading fees. The fees vary depending on your trading volume and whether you are a maker or a taker. Makers are those who provide liquidity to the market by placing limit orders, while takers are those who remove liquidity by placing market orders. The fees for makers can be as low as 0.04%, while the fees for takers can be as high as 0.10%. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on crypto.com's website.
  • avatarDec 30, 2021 · 3 years ago
    Trading USDT on crypto.com in Canada comes with fees. The fees are based on a tiered structure, which means that the more you trade, the lower your fees will be. The fees range from 0.10% to 0.04% for makers and from 0.16% to 0.10% for takers. Additionally, crypto.com offers a fee discount of up to 20% for users who hold a certain amount of their native token, CRO. So, if you're a frequent trader, it might be worth considering holding some CRO to enjoy lower fees on the platform.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to trading USDT on crypto.com in Canada, the fees are determined by your trading volume and whether you are a maker or a taker. Makers, who provide liquidity to the market, can enjoy lower fees ranging from 0.04% to 0.10%. On the other hand, takers, who remove liquidity, will have to pay higher fees ranging from 0.10% to 0.16%. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on crypto.com's website to ensure you have the most accurate information.