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What are the fees associated with trading on Lykke Exchange?

avatarS BinarDec 30, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with trading on Lykke Exchange? I would like to know the different types of fees, such as trading fees, deposit fees, withdrawal fees, and any other fees that may be applicable. Additionally, it would be helpful to understand how these fees are calculated and if there are any discounts or promotions available to reduce the fees.

What are the fees associated with trading on Lykke Exchange?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Trading on Lykke Exchange incurs various fees, including trading fees, deposit fees, and withdrawal fees. The trading fees are based on a tiered structure, where the fee percentage decreases as the trading volume increases. The deposit fees vary depending on the method used, such as bank transfer or cryptocurrency deposit. Withdrawal fees also differ based on the cryptocurrency being withdrawn. It's important to note that Lykke Exchange may offer promotions or discounts on fees from time to time, so it's worth checking their website or contacting their customer support for the latest information.
  • avatarDec 30, 2021 · 3 years ago
    When trading on Lykke Exchange, you will encounter different types of fees. The trading fees are based on a maker-taker model, where makers (those who add liquidity to the order book) pay lower fees compared to takers (those who remove liquidity from the order book). The deposit fees depend on the currency and method used, and the withdrawal fees vary depending on the cryptocurrency being withdrawn. It's advisable to review the fee schedule provided by Lykke Exchange to get a detailed breakdown of the fees for each transaction type.
  • avatarDec 30, 2021 · 3 years ago
    As a representative of BYDFi, I can provide you with information about the fees associated with trading on Lykke Exchange. The trading fees on Lykke Exchange are based on a tiered structure, where the fee percentage decreases as the trading volume increases. The deposit fees vary depending on the method used, such as bank transfer or cryptocurrency deposit. Withdrawal fees also differ based on the cryptocurrency being withdrawn. It's important to note that Lykke Exchange may offer promotions or discounts on fees from time to time, so it's worth checking their website or contacting their customer support for the latest information.