How does FTX calculate its fees?

3 answers

• Dec 28, 2021 · 3 years ago
  FTX calculates its fees based on a tiered structure. The more trading volume you have, the lower your fees will be. This encourages users to trade more and provides incentives for high-volume traders. The fee structure is transparent and can be found on FTX's website. It's important to note that fees may vary depending on the type of trade (spot or futures) and the specific trading pair.
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• Dec 28, 2021 · 3 years ago
  FTX's fee calculation process is quite straightforward. They take into account the trading volume of the user over a 30-day period. The fees are then determined based on the user's tier level, which is determined by the total trading volume. The higher the tier level, the lower the fees. FTX also offers a fee discount for users who hold and use their native token, FTT. This provides additional benefits to FTT holders and encourages its usage on the platform.
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• Dec 28, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that FTX's fee calculation process is one of the most competitive in the market. They offer a tiered fee structure that rewards high-volume traders with lower fees. Additionally, FTX provides a fee discount for users who hold and use their native token, FTT. This creates a win-win situation for both FTX and its users. It's worth noting that FTX's fees are comparable to other major cryptocurrency exchanges, making it a popular choice among traders.
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