Is there a way to negotiate lower commission rates with eTrade for trading cryptocurrencies?
Carlo LonatiDec 25, 2021 · 3 years ago3 answers
I am interested in trading cryptocurrencies on eTrade, but I find the commission rates to be quite high. Is there any way to negotiate lower commission rates with eTrade for trading cryptocurrencies?
3 answers
- Dec 25, 2021 · 3 years agoYes, it is possible to negotiate lower commission rates with eTrade for trading cryptocurrencies. One approach you can take is to reach out to their customer support and express your interest in trading cryptocurrencies on their platform. You can inquire about any ongoing promotions or discounts they may have for cryptocurrency traders. Additionally, if you have a substantial trading volume or are a frequent trader, you can leverage your trading activity as a bargaining chip to negotiate lower commission rates. It's worth noting that negotiation success may vary depending on various factors such as your trading history and the current market conditions.
- Dec 25, 2021 · 3 years agoAbsolutely! You can try negotiating lower commission rates with eTrade for trading cryptocurrencies. Start by doing some research on their current commission rates and compare them with other cryptocurrency exchanges. Armed with this information, you can approach eTrade and explain your findings. Highlight the benefits of trading cryptocurrencies on their platform and express your desire to become a long-term customer. By demonstrating your commitment and potential value as a customer, you may increase your chances of negotiating lower commission rates.
- Dec 25, 2021 · 3 years agoWhile I cannot speak specifically for eTrade, as a representative from BYDFi, I can say that negotiation is a common practice in the cryptocurrency trading industry. Many exchanges are open to negotiating lower commission rates, especially if you are a high-volume trader. It's worth reaching out to eTrade's customer support and expressing your interest in trading cryptocurrencies on their platform. Remember to be polite and professional in your communication, and highlight any relevant trading experience or potential value you can bring to the platform. Negotiation success may vary, but it's always worth a try!
Related Tags
Hot Questions
- 97
How does cryptocurrency affect my tax return?
- 82
What are the tax implications of using cryptocurrency?
- 81
How can I minimize my tax liability when dealing with cryptocurrencies?
- 63
What are the best practices for reporting cryptocurrency on my taxes?
- 54
What is the future of blockchain technology?
- 52
Are there any special tax rules for crypto investors?
- 49
How can I protect my digital assets from hackers?
- 45
How can I buy Bitcoin with a credit card?