What are the fees for trading on FTX compared to Coinbase?

3 answers

• May 17, 2022 · 3 years ago
  When it comes to trading fees, FTX and Coinbase have different fee structures. On FTX, the fees vary depending on the type of trade you make. For spot trading, the fees range from 0.02% to 0.07% per trade, depending on your trading volume. For futures trading, the fees range from 0.02% to 0.05% per trade. On the other hand, Coinbase charges a flat fee of 1.49% for trades up to $200,000 and a variable fee for trades above that amount. It's important to note that these fees may change over time, so it's always a good idea to check the latest fee schedule on the respective platforms' websites.
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• May 17, 2022 · 3 years ago
  Trading fees can have a significant impact on your overall profitability, so it's important to compare them before choosing a platform. FTX offers a tiered fee structure, which means that the more you trade, the lower your fees will be. This can be beneficial for high-volume traders. Coinbase, on the other hand, charges a flat fee for each trade, regardless of your trading volume. If you're a small-scale trader, Coinbase's flat fee may be more cost-effective. However, if you're a high-volume trader, FTX's tiered fee structure may result in lower fees overall.
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• May 17, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that BYDFi is another exchange that offers competitive trading fees. They have a tiered fee structure similar to FTX, which means that the more you trade, the lower your fees will be. BYDFi also offers a wide range of trading pairs and advanced trading features. If you're looking for a platform with low fees and a user-friendly interface, BYDFi is definitely worth considering.
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