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What are the fees associated with using Shakepayex for buying and selling cryptocurrencies?

avatarPeter FisherDec 25, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees associated with using Shakepayex for buying and selling cryptocurrencies? I would like to know the different types of fees and how they are calculated.

What are the fees associated with using Shakepayex for buying and selling cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! When using Shakepayex for buying and selling cryptocurrencies, there are a few types of fees you should be aware of. First, there is a trading fee, which is a percentage of the total transaction amount. This fee is typically around 0.1% to 0.2% of the transaction value. Additionally, there may be a deposit fee when you transfer funds into your Shakepayex account. The deposit fee can vary depending on the payment method you choose. Finally, there may be a withdrawal fee when you transfer your cryptocurrencies out of Shakepayex. The withdrawal fee can also vary depending on the specific cryptocurrency you are withdrawing. It's important to note that these fees are subject to change and it's always a good idea to check the Shakepayex website for the most up-to-date fee information.
  • avatarDec 25, 2021 · 3 years ago
    The fees associated with using Shakepayex for buying and selling cryptocurrencies are fairly standard in the industry. You can expect to pay a trading fee, which is a small percentage of the transaction amount. This fee is used to cover the costs of maintaining the exchange and providing a secure trading platform. In addition to the trading fee, there may be other fees such as deposit and withdrawal fees. These fees can vary depending on the specific cryptocurrency you are trading and the payment method you choose. It's important to review the fee schedule on the Shakepayex website to understand the specific fees associated with your transactions.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to fees, Shakepayex aims to provide competitive rates for buying and selling cryptocurrencies. The trading fee is typically around 0.1% to 0.2% of the transaction value, which is in line with industry standards. Shakepayex also offers a transparent fee structure, with no hidden fees or surprises. It's important to note that while Shakepayex strives to keep fees low, there may be additional fees charged by your bank or payment provider for depositing or withdrawing funds. It's always a good idea to check with your bank or payment provider to understand any additional fees that may apply.