What are the fees and charges associated with cryptocurrency trading on Plus500?

3 answers

• Dec 29, 2021 · 3 years ago
  Sure! When it comes to trading cryptocurrencies on Plus500, there are a few fees and charges that you need to be aware of. First, there is a spread fee, which is the difference between the buy and sell price of a cryptocurrency. This fee is how Plus500 makes money. Additionally, there may be overnight funding charges if you hold a position overnight. These charges are based on the size of your position and the interest rate of the cryptocurrency you are trading. It's important to note that Plus500 does not charge any commission on cryptocurrency trades, so that's a plus! If you have any more questions, feel free to ask! 😊
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• Dec 29, 2021 · 3 years ago
  Hey there! Trading cryptocurrencies on Plus500 comes with a few fees and charges. The main fee you need to be aware of is the spread fee. This fee is the difference between the buy and sell price of a cryptocurrency and is how Plus500 makes money. There may also be overnight funding charges if you keep a position open overnight. These charges are based on the size of your position and the interest rate of the cryptocurrency you are trading. The good news is that Plus500 doesn't charge any commission on cryptocurrency trades. So, you won't have to worry about that! If you have any more questions, feel free to ask! 👍
  623208
• Dec 29, 2021 · 3 years ago
  Certainly! When it comes to cryptocurrency trading on Plus500, there are a few fees and charges to consider. The primary fee is the spread, which is the difference between the buy and sell price of a cryptocurrency. This fee is how Plus500 generates revenue. Additionally, there may be overnight funding charges if you hold a position overnight. These charges are based on the size of your position and the interest rate of the cryptocurrency. It's worth noting that Plus500 does not charge any commission on cryptocurrency trades. As for BYDFi, they offer a similar fee structure with no commission charges. If you have any more questions, feel free to ask! 😊
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