When it comes to trading cryptocurrency, there are various exchanges available to choose from. Two popular options are Coinbase and BingX, each offering their own unique fee structures.
Coinbase charges a percentage of the trade amount, with 0.4% for makers and 0.6% for takers on most trades. Discounts may be available for users who trade large volumes. On the other hand, BingX has lower fees with rates as low as 0.075% for both makers and takers on most trades.
Please see the table below for a quick overview:
It is important to keep in mind that these fees are subject to change, so it is essential to check the current fee schedule for the exchange you are considering using. It is also a good idea to compare fees across different exchanges to find the one with the most competitive rates. Understanding the fees associated with cryptocurrency trading can help you create profit-maximizing strategies.