Can I negotiate the OTC fees for trading cryptocurrencies on e-trade?

3 answers

• Dec 27, 2021 · 3 years ago
  Unfortunately, e-trade's OTC fees for trading cryptocurrencies are generally non-negotiable. The fees are usually determined by the platform and are based on factors such as the volume of the trade and the liquidity of the cryptocurrency being traded. It's important to keep in mind that OTC trading often involves larger trades and higher fees compared to regular exchange trading. However, you may still be able to find competitive rates by comparing different OTC platforms and brokers.
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• Dec 27, 2021 · 3 years ago
  Nope, sorry! The OTC fees for trading cryptocurrencies on e-trade are usually fixed and not subject to negotiation. The fees are typically based on the size of the trade and the specific cryptocurrency being traded. While it would be nice to have some wiggle room, it's important to remember that OTC trading involves larger volumes and higher fees compared to regular exchange trading. If you're looking for lower fees, you might want to explore other platforms or consider trading on regular exchanges instead.
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• Dec 27, 2021 · 3 years ago
  When it comes to negotiating OTC fees for trading cryptocurrencies on e-trade, it's important to understand that the fees are usually set by the platform and are not easily negotiable. However, there may be some flexibility if you are a high-volume trader or have a strong relationship with the platform. It's worth reaching out to e-trade's customer support or your account manager to discuss your trading needs and see if there are any possibilities for fee adjustments or discounts. Remember, it never hurts to ask!
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