What are the fees associated with trading on tw one exchange?
Bennedsen MikkelsenMay 02, 2022 · 3 years ago1 answers
Can you provide more details about the fees associated with trading on tw one exchange? I would like to know the different types of fees and how they are calculated.
1 answers
- May 02, 2022 · 3 years agoTrading on tw one exchange involves various fees. These fees include maker fees, taker fees, and withdrawal fees. Maker fees are applied when you add liquidity to the market by placing a limit order that isn't immediately matched. Taker fees, on the other hand, are applied when you remove liquidity from the market by placing an order that's immediately matched. Withdrawal fees are incurred when you transfer your funds from the exchange to an external wallet. The fee structure and rates may vary depending on the specific exchange and the type of cryptocurrency being traded. It's important to consult the exchange's fee schedule for accurate and up-to-date information. BYDFi, for example, offers competitive fee rates and transparent fee structure for traders.
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