Crypto.com Announces Trading Fee Reductions Up To 80%

Crypto.com has announced a new trading fee structure on its platform, with up to 80% trading charge reductions. The website claims users can trade with as little as $1US and pay no maker fees. https://twitter.com/cryptocom/status/1560260571018055685

Crypto.com Price Cuts

In a statement on Wednesday, the platform’s executives stated that Crypto.com is making these price cuts to democratize Bitcoin trading to allow Crypto.com users to make more from their trades. The trading platform has improved the exchange itself by adding numerous new tools. The following adjustments to trading costs and the Crypto.com exchange are now in effect:

• Trading commissions start at 0.075% and 0.034%, respectively, for the Spot and Derivatives markets. They have no minimum trading amount.
• The fee structures for trading in the Spot, Margin, and Derivative markets and VIPs have been streamlined. It is now simpler to understand, and moving up the stages is less complicated.
• Now, 0% maker fees are available to all traders.
• Users can now trade according to their terms because the difference between maker and taker costs has decreased.

Reduced Trading Fees

The reduced trading fees went into effect on August 18. The complete specifics of Crypto.com’s new price cuts are available on their fees and restrictions page. Recently, the exchange platform confirmed its support for the September 1 Ethereum merger. The Crypto.com Exchange is powered by the quickest matching engine in the market, with a core latency of just 50 microseconds and support for 2.7 million transactions per second.

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