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Are there any fees involved when selling Shiba Inu on Crypto.com?

avatarsharkDec 24, 2021 · 3 years ago3 answers

What are the fees associated with selling Shiba Inu on the Crypto.com platform? How much do they charge and are there any additional costs to consider?

Are there any fees involved when selling Shiba Inu on Crypto.com?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    When selling Shiba Inu on Crypto.com, there are fees involved. The platform charges a trading fee of 0.10% for both makers and takers. This means that for every Shiba Inu sold, you will be charged 0.10% of the transaction amount. Additionally, there might be network fees associated with transferring Shiba Inu tokens to and from your Crypto.com wallet. These network fees are determined by the blockchain network and can vary depending on network congestion. It's important to consider these fees when selling Shiba Inu on Crypto.com to accurately calculate your profits or losses.
  • avatarDec 24, 2021 · 3 years ago
    Yes, there are fees when selling Shiba Inu on Crypto.com. The platform charges a 0.10% trading fee, which is relatively low compared to other exchanges. In addition to the trading fee, there might be network fees involved when transferring Shiba Inu tokens. These network fees are required to process the transaction on the blockchain network. It's recommended to check the current network fees before selling Shiba Inu to ensure you have enough funds to cover the fees and make an informed decision.
  • avatarDec 24, 2021 · 3 years ago
    When selling Shiba Inu on Crypto.com, you will encounter fees. Crypto.com charges a 0.10% trading fee for both buyers and sellers. This fee is automatically deducted from the transaction amount. Additionally, there might be network fees associated with the transfer of Shiba Inu tokens. These fees are required to process the transaction on the blockchain network and ensure its security and speed. It's important to consider these fees when selling Shiba Inu on Crypto.com to accurately calculate your profits and make informed trading decisions. Please note that fees may vary over time, so it's always a good idea to check the latest fee structure on the Crypto.com website.