Cryptocurrency Q&A
How much does crypto.com take when you sell?
How much does crypto.com take when you sell?
Lorenzo
Sat Oct 12 2024
|
7 answers
1459
I'm wondering about the fees charged by crypto.com when selling cryptocurrencies. Specifically, how much does the platform take as a percentage or fixed amount during a sell transaction?
Previous
How do computers communicate with one another?
Next
How many presidents were 5 star generals?
7 answers
HanbokGlamourQueenElegance
Mon Oct 14 2024
Crypto.com, a leading platform in the digital asset realm, has embraced a straightforward pricing strategy centered around the maker-taker model. This approach fosters a competitive and dynamic trading environment by incentivizing both liquidity providers and market takers.
Was this helpful?
239
70
Valeria
Mon Oct 14 2024
For makers, who contribute to the order book by placing limit orders, Crypto.com offers an attractive fee structure with rates varying from 0.0% to 0.75%. This range accommodates traders with different strategies and preferences, encouraging a wider array of market participants.
Was this helpful?
380
73
Stefano
Mon Oct 14 2024
Meanwhile, takers, who execute trades against existing orders in the order book, are subject to a slightly higher fee range of 0.05% to 0.075%. This subtle distinction incentivizes users to contribute to the market's liquidity pool, enhancing the overall trading experience.
Was this helpful?
399
51
benjamin_rose_author
Sun Oct 13 2024
The maker-taker model adopted by Crypto.com is a widely recognized mechanism in the cryptocurrency exchange industry. It not only promotes efficient price discovery but also aligns the interests of traders, ensuring a healthy and vibrant ecosystem.
Was this helpful?
81
25
HanjiArtistryCraftsmanshipMasterpiece
Sun Oct 13 2024
Furthermore, Crypto.com's commitment to transparency and fairness in its fee structure instills trust among its user base. The clearly defined rates and conditions make it easy for traders to plan their strategies and manage their costs effectively.
Was this helpful?
43
83
Load 5 more related questions
