Can I negotiate or lower the trading fees on Voyager for large volume trades?
Kjer BollDec 24, 2021 · 3 years ago3 answers
Is it possible to negotiate or reduce the trading fees on Voyager for trades with large volumes? I'm interested in making large volume trades on Voyager, but the trading fees seem quite high. Are there any options available to negotiate or lower the fees for such trades?
3 answers
- Dec 24, 2021 · 3 years agoUnfortunately, Voyager does not currently offer the option to negotiate or lower trading fees for large volume trades. The fees are set based on the platform's fee structure and are not subject to negotiation. However, Voyager does offer a tiered fee structure, where the fees decrease as your trading volume increases. So, if you plan on making frequent large volume trades, you may benefit from the lower fees offered at higher trading volumes.
- Dec 24, 2021 · 3 years agoNo, you cannot negotiate or lower the trading fees on Voyager for large volume trades. The fees are fixed and are determined by Voyager's fee structure. However, Voyager does provide a tiered fee system where the fees decrease as your trading volume increases. So, if you are a high-volume trader, you can take advantage of the lower fees available at higher trading volumes.
- Dec 24, 2021 · 3 years agoWhile Voyager does not allow for fee negotiation, there are ways to potentially lower your trading fees for large volume trades. One option is to consider using other exchanges that offer lower fees for large volume trades. For example, BYDFi, a popular exchange, offers competitive fee structures for high-volume traders. Additionally, you can explore different trading strategies, such as utilizing limit orders, which may help reduce fees. It's important to research and compare different exchanges and trading strategies to find the best option for your specific needs.
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