Fees Users May Encounter on Exchange Crypto.com
When users use the Crypto.com Exchange platform, there may be several fees they may pay. Here is a breakdown of the possible fees:
Trading Fees
On Exchange Crypto.com, there are trading fees that vary depending on your trading volume. The higher your trading volume, the lower commissions you can enjoy. There are two types of trading fees:
- Taker Fee – Fees charged by the platform when you “take” existing transactions from the market.
- Maker Fee – Fees are charged when you “generate” new trades to the market.
Deposit and Withdrawal Fees
The platform does not charge fees for cryptocurrency deposits to your Crypto.com Exchange account. However, keep in mind that withdrawals may have an impact on network fees, which vary depending on the type of currency. The Crypto.com platform does not charge these network fees, but rather they are passed on to miners for the blockages of transactions on the network.
Interest Fees
In cases where you trade using margin, there are interest fees that you will pay on the funds you are given. The interest rate may vary according to market conditions.
Additional fees are possible
You may encounter additional fees in some cases, such as when you use certain services or features of the platform. It's always a good idea to check the fees before making trades.
For more precise details, you should check the fees listed on the official website of Crypto.com Exchange.
