Cryptocurrency Q&A
What is the fee for spooky swap?
What is the fee for spooky swap?
Luca
Tue Sep 03 2024
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6 answers
1323
I'm curious about the cost associated with using Spooky Swap. Could you please elaborate on the fee structure for this decentralized exchange platform? Is there a flat fee for each transaction, or does it vary based on factors such as the amount being swapped or the token pair involved? Understanding the fees will help me make an informed decision when utilizing Spooky Swap for my cryptocurrency transactions.
6 answers
MysticMoon
Thu Sep 05 2024
Trading fees on Spooky are competitively priced, with a standard 0.2% fee for market orders. For limit orders, the fee is slightly higher at 0.22%.
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Elena
Thu Sep 05 2024
However, Spooky recognizes the importance of liquidity providers in maintaining a healthy market. As such, 0.17% of all trading fees is returned to liquidity pools as a reward for their contributions.
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GalaxyGlider
Thu Sep 05 2024
Trading on Spooky is designed for convenience and flexibility. Users have the option to execute trades at the current market price or to place a limit order at a specific price.
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QuasarGlider
Thu Sep 05 2024
In addition to rewarding liquidity providers, Spooky also incentivizes xBOO Stakers. A small portion of trading fees, 0.03%, is allocated to these stakeholders as a token of appreciation for their support.
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SakuraTide
Thu Sep 05 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and secure wallet solutions.
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