#ETHBreaksATH Trading fees vary depending on the type of platform and trading method, but in general, they can be divided into several main types:
1. Trading Fees
Market Maker
These are charged when you add an order to the order book and it is not executed immediately, meaning you help increase liquidity.
Usually less than taker fees, ranging from about 0% to 0.2%.
Market Taker
These are charged when you take an existing order from the order book, meaning immediate execution.
Usually higher than maker fees, ranging from 0.05% to 0.25%.
2. Deposit and Withdrawal Fees
Deposit: Most platforms do not charge fees for deposits from cryptocurrencies, but there may be fees for deposits via Visa or banks.
Withdrawal: Varies by currency, for example:
Bitcoin: about 0.0005 – 0.001 BTC per withdrawal.
Ethereum: Depends on the gas fees for the network, changing according to congestion.
3. Internal Transfer Fees
Some platforms allow transferring currencies between accounts internally for free, and sometimes for small fees.
4. Futures Contract Fees
Usually higher than spot trading, can reach 0.02% – 0.075% for financing every 8 hours.
Includes daily financing fees and interest on borrowing when using margin.
Fees can change based on monthly trading volume: the higher your volume, the lower the fees (VIP tiers).
Platforms like Coinbase or eToro usually have higher fees than Binance or Kraken due to ease of use