Cryptocurrency trading operates on exchanges, similar to stock exchanges. Many

exchanges use a tiered fee structure based on a percentage of the user's 30-day trading

volume. It is important to understand the fees associated with trading cryptocurrency in order

to create profit-maximizing strategies.

Cryptocurrency exchange fees can vary significantly depending on the exchange you use.

Some exchanges charge a flat fee for all trades, while others charge a percentage of the

trade amount. Some exchanges also offer discounts for users who hold certain types of

memberships or who trade large volumes.

Binance charges a fee of 0.1% for makers and takers on most trades, with discounts

available for users who hold the exchange's native token (BNB) or who trade large volumes.

BingX charges a fee of as low as 0.075% for makers and takers on most trades.

Please see the table below for a quick overview:

It's important to note that these fees are just examples and can change over time. Be sure to

check the current fee schedule for the exchange you're considering using. It's also a good

idea to compare fees across different exchanges to find the one that offers the most

competitive rates..