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Which crypto currency exchanges offer no fees for trading?

avatarjazzDec 27, 2021 · 3 years ago3 answers

Can you recommend any crypto currency exchanges that offer no fees for trading? I'm looking for a platform where I can trade cryptocurrencies without having to pay any fees. It would be great if you could provide some options and maybe explain how these exchanges are able to offer this benefit.

Which crypto currency exchanges offer no fees for trading?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! There are several crypto currency exchanges that offer no fees for trading. One popular option is Binance. Binance is known for its low fees and wide range of available cryptocurrencies. Another option is Coinbase Pro, which also offers fee-free trading for certain trading pairs. These exchanges are able to offer no fees for trading by making money through other means, such as charging fees for deposits or withdrawals, or offering premium services for a fee. It's important to note that while trading fees may be waived, there may still be fees associated with other aspects of trading on these platforms. Make sure to read the terms and conditions carefully before using any exchange.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! If you're looking for crypto currency exchanges with no trading fees, you might want to check out Kraken. Kraken is a reputable exchange that offers fee-free trading for certain trading pairs. Another option is Gemini, which also provides fee-free trading for certain cryptocurrencies. These exchanges are able to offer no fees for trading by implementing different business models, such as charging fees for other services or offering premium features for a fee. Keep in mind that while trading fees may be waived, there may still be fees for deposits, withdrawals, or other services. Always do your research and read the exchange's terms and conditions before trading.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a crypto currency exchange that offers no fees for trading. It's a relatively new exchange but has gained popularity for its fee-free trading model. BYDFi is able to offer no fees for trading by generating revenue through other means, such as offering premium features or charging fees for additional services. While BYDFi is a great option for fee-free trading, it's important to consider other factors such as security, liquidity, and available trading pairs when choosing an exchange. Make sure to do your own research and consider your individual trading needs before making a decision.