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TagsWhat are the fees associated with trading on Mercatox Exchange?
ThirupataiahDec 27, 2021 · 3 years ago1 answersCan you provide a detailed explanation of the fees associated with trading on Mercatox Exchange? I would like to know the different types of fees, such as trading fees, deposit fees, and withdrawal fees. Additionally, it would be helpful to understand how these fees are calculated and if there are any discounts or promotions available.
1 answers
- As an expert in the field, I can tell you that trading on Mercatox Exchange involves several fees. The exchange charges a trading fee for every trade executed, which is a percentage of the total transaction value. The fee percentage depends on the user's trading volume and can range from 0.1% to 0.25%. In addition to trading fees, there are deposit fees for transferring funds into the exchange and withdrawal fees for transferring funds out of the exchange. These fees vary depending on the cryptocurrency being deposited or withdrawn. It's worth noting that Mercatox Exchange provides a fee schedule on their website, which outlines the specific fees for each cryptocurrency. This allows users to calculate the costs associated with trading on the exchange and make informed decisions.Dec 27, 2021 · 3 years ago
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