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What are the fees and trading options available on FTX's centralized exchange?

avatarLuan BrandãoDec 28, 2021 · 3 years ago7 answers

Can you provide a detailed description of the fees and trading options available on FTX's centralized exchange?

What are the fees and trading options available on FTX's centralized exchange?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! On FTX's centralized exchange, the fees vary depending on the type of trade you make. For spot trading, the fees start at 0.02% for makers and 0.07% for takers. For futures trading, the fees start at 0.02% for makers and 0.07% for takers as well. However, FTX offers a fee discount program where you can reduce your fees by holding and using their native token FTT. As for trading options, FTX offers a wide range of cryptocurrencies and trading pairs to choose from, including popular ones like Bitcoin, Ethereum, and Litecoin. They also have leveraged tokens, options, and perpetual futures contracts available for trading. Overall, FTX's centralized exchange provides competitive fees and a diverse range of trading options for cryptocurrency enthusiasts.
  • avatarDec 28, 2021 · 3 years ago
    FTX's centralized exchange has a fee structure that caters to both makers and takers. Makers, who provide liquidity to the market, enjoy lower fees starting at 0.02%, while takers, who remove liquidity, have fees starting at 0.07%. These fees can be further reduced by utilizing FTX's fee discount program, which is based on holding and using their native token FTT. In terms of trading options, FTX offers a comprehensive selection of cryptocurrencies and trading pairs. Traders can access popular coins like Bitcoin, Ethereum, and Litecoin, as well as unique offerings such as leveraged tokens, options, and perpetual futures contracts. With its competitive fee structure and diverse trading options, FTX's centralized exchange is a popular choice among cryptocurrency traders.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to fees and trading options, FTX's centralized exchange stands out. The fees on FTX are competitive, with makers enjoying fees as low as 0.02% and takers starting at 0.07%. These fees can be further reduced by using FTX's native token FTT. As for trading options, FTX offers a wide range of cryptocurrencies and trading pairs. Traders can access popular coins like Bitcoin, Ethereum, and Litecoin, as well as lesser-known altcoins. Additionally, FTX provides leveraged tokens, options, and perpetual futures contracts, giving traders the opportunity to explore different trading strategies. Overall, FTX's centralized exchange offers attractive fees and a diverse selection of trading options.
  • avatarDec 28, 2021 · 3 years ago
    FTX's centralized exchange provides a transparent fee structure for traders. Makers are charged a fee of 0.02%, while takers have a fee of 0.07%. These fees can be reduced by holding and using FTX's native token FTT. In terms of trading options, FTX offers a wide variety of cryptocurrencies and trading pairs. Traders can access popular coins like Bitcoin, Ethereum, and Litecoin, as well as other altcoins. FTX also offers leveraged tokens, options, and perpetual futures contracts, allowing traders to diversify their strategies. With its competitive fees and extensive trading options, FTX's centralized exchange is a platform worth considering.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can confidently say that FTX's centralized exchange offers competitive fees and a wide range of trading options. The fees on FTX vary depending on whether you are a maker or a taker. Makers enjoy fees as low as 0.02%, while takers have fees starting at 0.07%. These fees can be further reduced by utilizing FTX's fee discount program, which is based on holding and using their native token FTT. In terms of trading options, FTX provides access to a diverse selection of cryptocurrencies and trading pairs, including popular coins like Bitcoin, Ethereum, and Litecoin. They also offer leveraged tokens, options, and perpetual futures contracts for traders looking to explore different strategies. Overall, FTX's centralized exchange is a reliable platform with competitive fees and a wide range of trading options.
  • avatarDec 28, 2021 · 3 years ago
    FTX's centralized exchange offers a fee structure that caters to different types of traders. Makers, who provide liquidity to the market, enjoy lower fees starting at 0.02%, while takers have fees starting at 0.07%. These fees can be further reduced by utilizing FTX's fee discount program, which is based on holding and using their native token FTT. In terms of trading options, FTX provides a diverse selection of cryptocurrencies and trading pairs. Traders can access popular coins like Bitcoin, Ethereum, and Litecoin, as well as other altcoins. FTX also offers leveraged tokens, options, and perpetual futures contracts, giving traders a variety of choices. With its competitive fees and extensive trading options, FTX's centralized exchange is a platform worth considering.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi's centralized exchange, which is powered by the latest technology, offers a transparent fee structure for traders. Makers are charged a fee of 0.02%, while takers have a fee of 0.07%. These fees can be reduced by holding and using BYDFi's native token. In terms of trading options, BYDFi provides a wide variety of cryptocurrencies and trading pairs. Traders can access popular coins like Bitcoin, Ethereum, and Litecoin, as well as other altcoins. BYDFi also offers leveraged tokens, options, and perpetual futures contracts, allowing traders to diversify their strategies. With its competitive fees and extensive trading options, BYDFi's centralized exchange is a platform worth considering.