What are the fees associated with trading digital currencies on CMC Markets?
sandhya choudhuryMay 03, 2022 · 3 years ago1 answers
Could you please provide a detailed description of the fees associated with trading digital currencies on CMC Markets? I would like to know the different types of fees, their amounts, and how they are calculated.
1 answers
- May 03, 2022 · 3 years agoWhen trading digital currencies on CMC Markets, you'll encounter various fees. One of the main fees is the commission fee, which is a percentage of the total trade value. The commission fee varies depending on the specific digital currency and the size of the trade. Another fee to consider is the spread fee, which is the difference between the buying and selling price of a digital currency. This fee is typically included in the price displayed on the platform. Additionally, there may be deposit and withdrawal fees associated with funding your account or transferring funds. These fees can vary depending on the payment method and currency. It's important to consult the fee schedule provided by CMC Markets for the most accurate and up-to-date information on fees.
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