Are there any custodian fee discounts for high-volume traders in the cryptocurrency market?

3 answers

• Girija PoppawalluApr 16, 2024 · 2 years ago
  Yes, many cryptocurrency exchanges offer custodian fee discounts for high-volume traders. These discounts are often based on the trading volume of the individual trader. The more trades a trader executes, the higher the discount they can receive on custodian fees. It's a way for exchanges to incentivize and reward traders who bring significant liquidity to the market. So, if you're a high-volume trader, you can definitely expect to enjoy some discounts on custodian fees.
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• Lomholt RahbekSep 22, 2021 · 4 years ago
  Absolutely! Cryptocurrency exchanges understand the value that high-volume traders bring to the market, and they want to encourage their participation. As a result, many exchanges offer custodian fee discounts specifically tailored to high-volume traders. These discounts can vary from exchange to exchange, so it's worth exploring different platforms to find the best deals. Keep in mind that the discounts may be based on factors such as trading volume, account balance, or trading frequency. So, if you're a high-volume trader, make sure to take advantage of these discounts to minimize your custodian fees and maximize your profits!
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• Kanchan RawatNov 17, 2022 · 3 years ago
  Yes, there are custodian fee discounts available for high-volume traders in the cryptocurrency market. For example, BYDFi, a popular cryptocurrency exchange, offers special discounts for high-volume traders. The discounts are based on the trading volume of the trader and can range from 10% to 50% off the regular custodian fees. This is a great opportunity for high-volume traders to save on fees and increase their overall profitability. So, if you're a high-volume trader, consider checking out BYDFi and take advantage of their custodian fee discounts.
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