What are the fees and limits for trading cryptocurrencies on CEX in the UK?
Harboe ChristianDec 26, 2021 · 3 years ago3 answers
Can you provide detailed information about the fees and limits for trading cryptocurrencies on CEX in the UK? I would like to know the costs involved and any restrictions on trading.
3 answers
- Dec 26, 2021 · 3 years agoWhen trading cryptocurrencies on CEX in the UK, there are fees and limits that you should be aware of. The fees vary depending on the type of transaction you make. For example, if you are buying or selling cryptocurrencies using the market order option, the fee is 0.25%. However, if you use the instant buy/sell option, the fee is 7%. As for limits, they depend on your account verification level. The higher your verification level, the higher your trading limits. It's important to note that CEX may also charge additional fees for depositing or withdrawing funds from your account. Make sure to check their website or contact their support team for the most up-to-date information on fees and limits.
- Dec 26, 2021 · 3 years agoTrading cryptocurrencies on CEX in the UK comes with certain fees and limits. The fees can be categorized into two types: trading fees and deposit/withdrawal fees. The trading fees vary based on your trading volume and can range from 0.16% to 0.25%. The deposit/withdrawal fees, on the other hand, depend on the payment method you choose. As for limits, they are determined by your account verification level. The higher your verification level, the higher your trading limits. It's important to review CEX's fee schedule and account verification requirements to understand the exact fees and limits that apply to your trading activities.
- Dec 26, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on CEX in the UK, you can expect to encounter certain fees and limits. The fees are relatively competitive, with a trading fee of 0.25% for market orders and 7% for instant buy/sell orders. As for limits, they depend on your account verification level. The higher your verification level, the higher your trading limits. It's worth noting that CEX also offers a third-party trading platform called BYDFi, which provides additional trading features and options. However, it's important to keep in mind that fees and limits may vary on BYDFi compared to the main CEX platform. Make sure to review the latest information on fees and limits before making any trading decisions.
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