How does eToro calculate its commission for cryptocurrency trades?

3 answers

• Dec 24, 2021 · 3 years ago
  eToro calculates its commission for cryptocurrency trades based on a percentage of the total trade value. The exact percentage varies depending on the specific cryptocurrency being traded. The commission is deducted from the total value of the trade when it is executed. This means that the commission is taken into account when determining the final price at which the trade is executed. It's important to note that eToro's commission structure may change over time, so it's always a good idea to check their website or contact their customer support for the most up-to-date information.
  588294
• Dec 24, 2021 · 3 years ago
  When it comes to calculating the commission for cryptocurrency trades on eToro, they consider factors such as the type of cryptocurrency being traded, the size of the trade, and the current market conditions. These factors can influence the commission percentage applied to the trade. eToro aims to provide competitive commission rates to its users while ensuring the sustainability of their platform. To get a better understanding of how the commission is calculated for a specific trade, you can refer to eToro's fee schedule or reach out to their customer support for more detailed information.
  597199
• Dec 24, 2021 · 3 years ago
  eToro, a leading cryptocurrency exchange, calculates its commission for cryptocurrency trades based on a tiered fee structure. The commission percentage varies depending on the user's trading volume and the specific cryptocurrency being traded. The more a user trades and the higher their trading volume, the lower the commission percentage they are charged. This incentivizes active trading and rewards users who generate higher trading volumes. It's worth noting that eToro's commission structure is transparent and clearly outlined on their website, allowing users to easily calculate the commission for their trades in advance.
  631158