Do assignment fees vary depending on the type of digital currency being traded?

3 answers

• Parth SonejiMay 15, 2022 · 3 years ago
  Yes, assignment fees can vary depending on the type of digital currency being traded. Different exchanges may have different fee structures and policies for different cryptocurrencies. Some exchanges may charge higher fees for more popular or volatile cryptocurrencies, while others may have a flat fee for all types of digital currencies. It's important to check the fee schedule of the specific exchange you are using to understand the assignment fees for different cryptocurrencies.
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• rupeshJul 06, 2024 · a year ago
  Absolutely! The assignment fees can vary based on the digital currency you are trading. Some exchanges may have a tiered fee structure where the fees decrease as the trading volume increases. This means that if you are trading a more popular digital currency, you may be charged a lower fee compared to trading a less popular one. Additionally, the assignment fees can also be influenced by the liquidity and market demand for a particular digital currency. So, it's always a good idea to compare the assignment fees across different exchanges before making a trade.
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• mol hanotaJun 14, 2022 · 3 years ago
  Yes, assignment fees do vary depending on the type of digital currency being traded. For example, at BYDFi, the assignment fees for different cryptocurrencies may vary based on factors such as liquidity, market demand, and volatility. Higher assignment fees may be charged for cryptocurrencies that are more volatile or have lower liquidity. It's important to consider these fees when trading different types of digital currencies and to choose an exchange that offers competitive and transparent fee structures.
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