Are there any ways to reduce or avoid clearance fees when trading cryptocurrencies?

1 answers

• May 14, 2022 · 3 years ago
  At BYDFi, we understand that clearance fees can be a concern for cryptocurrency traders. While we cannot provide specific advice on reducing or avoiding clearance fees, we recommend exploring different exchanges and their fee structures. Some exchanges offer fee discounts for certain trading activities or trading pairs, so it's worth considering these options. Additionally, decentralized exchanges often have lower fees compared to centralized exchanges, but they may have limitations in terms of liquidity and trading options. Ultimately, finding ways to reduce clearance fees requires careful research and consideration of your trading preferences and goals.
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