What are the fees and transaction limits on Yobit.net for trading cryptocurrencies?
Adnan BulloDec 25, 2021 · 3 years ago3 answers
Can you provide more details about the fees and transaction limits on Yobit.net for trading cryptocurrencies? I would like to know how much it costs to trade on Yobit.net and if there are any limitations on the amount of cryptocurrencies I can trade.
3 answers
- Dec 25, 2021 · 3 years agoThe fees on Yobit.net for trading cryptocurrencies vary depending on the type of transaction. For market orders, the fee is 0.2% of the total transaction amount. For limit orders, the fee is 0.1% of the total transaction amount. As for transaction limits, Yobit.net does not impose any specific limits on the amount of cryptocurrencies you can trade. However, it's always a good idea to check the individual coin's liquidity and trading volume before placing a large order to ensure smooth execution.
- Dec 25, 2021 · 3 years agoWhen it comes to fees and transaction limits on Yobit.net for trading cryptocurrencies, you'll be pleased to know that the fees are quite competitive. The fee structure is designed to incentivize high-volume traders, with lower fees for larger trades. As for transaction limits, Yobit.net does not impose any strict limits on the amount of cryptocurrencies you can trade. However, it's important to note that certain coins may have their own minimum trade sizes or liquidity requirements, so it's always a good idea to check the specific coin's trading rules before placing a trade.
- Dec 25, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, offers competitive fees and transaction limits on Yobit.net. The fees are based on a tiered structure, with lower fees for higher trading volumes. For market orders, the fee ranges from 0.1% to 0.2% depending on the trading volume. For limit orders, the fee ranges from 0.05% to 0.1%. As for transaction limits, Yobit.net does not impose any specific limits on the amount of cryptocurrencies you can trade. However, it's always a good idea to check the individual coin's liquidity and trading volume before placing a large order to ensure smooth execution.
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