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What are the transaction fees for buying and selling Bitcoin?

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2024-03-15 10:42:43796browse

Bitcoin buying and selling transaction fees depend on factors such as exchange type, transaction volume, transaction method, and payment method. Trading fees on centralized exchanges are generally lower than on decentralized exchanges, and the higher the trading volume, the lower the trading fees. Market trades have higher fees than limit trades, and paying with a credit or debit card often incurs additional fees. Bitcoin trading rates on major exchanges vary, such as Binance 0.1% - 0.25%, Huobi 0.15% - 0.20%, OKEx 0.08% - 0.15%, Coinbase 0.50% - 1.50%, and Kraken 0.16% - 0.26%. Please refer to the official website of the exchange for specific transaction rates.

What are the transaction fees for buying and selling Bitcoin?

Transaction fees for Bitcoin buying and selling vary, mainly depending on the following factors:

  • Transaction Type of exchange: Transaction fees on centralized exchanges are generally lower than on decentralized exchanges.

  • Transaction Volume: The larger the transaction volume, the lower the transaction fees are usually.

  • Trading method: Market trading fees are usually higher than limit trading fees.

  • Payment methods: There are usually additional fees for paying by credit or debit card.

Here is a comparison of Bitcoin trading fees on some major exchanges:

## Huobi0.15% - 0.20%OKEx0.08% - 0.15%Coinbase0.50% - 1.50%Kraken 0.16% - 0.26%
Exchange Spot trading rate
Binance 0.1% - 0.25%
##For specific transaction rates, please refer to the official website of the exchange shall prevail.

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