Best cryptocurrency exchanges for Low Cost Trading

  Рет қаралды 2,655

Traders Union

Traders Union

Күн бұрын

#forextrading #forexsignals #telegramsignals
✅ Copy the link in the description and don’t forget to copy the promo code on the broker’s page for regaistering on the cryptocurrency exchange in order to receive more bonuses and privileges:
◼ ByBit - tradersunion.com/brokers/cryp...
💯 Keep in mind that it is more reliable and beneficial for work with TU. Good luck!
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👉👉👉 To learn more about Best cryptocurrency exchanges for Low Cost Trading follow the link: tradersunion.com/ratings/cryp...
✅ You can learn more about TRADERS UNION here:
WATCH 🎥: • Traders Union (TU) - ...
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Video key moments:
00:00​​ - Start
00:10 - What Are Cryptocurrency Exchange Typical Fees?
00:28 - Trading Fee
00:50 - Taker and Market Fee Difference
01:09 - How to choose a cryptocurrency exchange with low Fees?
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🔎Trading Fee
✔️ Trading fees on cryptocurrency exchanges are fees that you must pay in order to trade on a platform. This is often how the exchanges make their money and keep their platforms running.
❓ So, how much does it usually cost to trade on a cryptocurrency exchange?
✔️ Most cryptocurrency exchanges charge between 0% and 1.5% per trade. However, these percentages depend on whether you’re a maker (buyer) or taker (seller). Fees also vary by exchange.
▪️ To understand how much you’ll have to pay in trading fees, it helps to look at an example. So, if you end up paying 0% and 1.5% trade and you invest $1,000 of your money into crypto, you’ll end up paying anywhere from $0 to $15 in fees.
✔️ Another key aspect of trading on cryptocurrency exchanges is maker-taker fees. These fees are transaction costs that occur when orders are placed and filled.
▪️ Trading fees depend on the type of order placed. For example, if you’re a maker, you’re “creating or making” the market for other traders, bringing liquidity to the exchange.
✔️ On the other hand, if you’re a taker, you’re removing liquidity by “taking” available orders that are filled immediately.
▪️ Usually, taker fees are slightly higher than maker fees. Cryptocurrency exchanges that implement lower maker fees do so to incentivize market makers.
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Пікірлер: 16
@darrellrussell7259
@darrellrussell7259 Ай бұрын
always fun to watch😃 😃
@christoferhartlen63
@christoferhartlen63 Ай бұрын
great video and looking forward to more
@bethannemuffett2154
@bethannemuffett2154 Ай бұрын
Learning about maker-taker fees has definitely enhanced my understanding of cryptocurrency trading.
@joemurray1664
@joemurray1664 Ай бұрын
I'm all ears when I watch your videos 👏
@pammiklaphake4679
@pammiklaphake4679 Ай бұрын
Maker-taker fees make so much more sense now! Understanding the mechanics behind trading fees helps in making informed decisions and maximizing profits.
@enriqueminix7593
@enriqueminix7593 Ай бұрын
The examples provided here are super helpful in grasping the concept of trading fees. It's crucial to consider these costs when choosing a cryptocurrency exchange.
@virgillopez5889
@virgillopez5889 Ай бұрын
I'm tooning in for more!
@lambertdouyon8597
@lambertdouyon8597 Ай бұрын
Thanks for breaking down the trading fees! Understanding maker-taker dynamics really helps in optimizing trading strategies. Great insights! 💡📈
@mattiesanders5102
@mattiesanders5102 Ай бұрын
on 🔥
@hildashaw302
@hildashaw302 Ай бұрын
when is the next video?
@johnwatson1258
@johnwatson1258 Ай бұрын
None of the minimum deposit platforms you guys list on your website are registered with SEC’s Investment Adviser Public Disclosure database. You guys are advertising unverified, potential scam platforms for binary trading.
@TradersUnion_TU
@TradersUnion_TU Ай бұрын
Hello. Our website contains the most comprehensive information about each company, allowing traders to study it and draw their own conclusions. Please note that the information on the Traders Union website is purely informative and is not intended to encourage or offer visitors to collaborate with any particular company.
@claybornlarger6336
@claybornlarger6336 Ай бұрын
It's amazing how much goes into each trade beyond just buying and selling. Thanks for the informative video! ��
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