What are the fees and commissions charged by cryptocurrency exchanges in the UAE?
Rounit kumarDec 28, 2021 · 3 years ago1 answers
I would like to know the details about the fees and commissions charged by cryptocurrency exchanges in the UAE. Can you provide me with information on the different fees and commissions that I should be aware of when trading cryptocurrencies in the UAE?
1 answers
- Dec 28, 2021 · 3 years agoAt BYDFi, a popular cryptocurrency exchange in the UAE, the fees and commissions are competitive compared to other exchanges in the region. The trading fees start at 0.1% and can go as low as 0.05% for high-volume traders. Withdrawal fees vary depending on the cryptocurrency, but they are generally reasonable. BYDFi also offers a fee discount program for users who hold a certain amount of their native token. Overall, BYDFi provides a transparent fee structure and strives to offer competitive rates to its users.
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