Crypto.com, one of the leading cryptocurrency exchanges, is working to democratize crypto trading by lowering trade fees by as much as 80% in some cases. With lower fees, it is easier than ever to enter the crypto trading space.
In addition, CRO stakers will be rewarded with even lower trading fees.
The crypto markets are in flux, and there have been loads of trading opportunities over the past few months. While major tokens like BTC and ETH have fallen from all-time-highs, markets gave traders the ability to create major profits.
With ETH trading below $1,000, traders could have gotten into the market and created 50%+ returns in a matter of months with a single position. Crypto.com is making it simple to make these trades, and create passive returns with staked CRO to boot!
Trading fees add up, and Crypto.com wants to make it easy and inexpensive to enter the crypto trading markets.
According to Crypto.com, here are some of the best parts of its new fee structure:
In addition to lower fees, Crypto.com is updating the exchange, so it is even faster and more reliable. Great trades require professional level tools, and Crypto.com is making its platform the go-to option for large and small traders alike.
For anyone who is a VIP member at Crypto.com, or a Market Maker, every VIP tier can have 0% maker fees under the correct conditions.
According to Crypto.com:
Also, the Market Maker Programme keeps getting better. Now liquidity providers will gain from negative trading fees and even greater capital efficiency.
The new structure gives:
Crypto.com didn’t forget about anyone – from the smallest retail trader, all the way up to massive liquidity providers.
The CRO staking ecosystem was already robust, but Crypto.com improved it. With the new structure CRO stakers will receive:
New staking rate adjustments will not impact existing locked CRO, and will only apply to new CRO deposits.
The new rates are as follows:
Important Note:
Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
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