November 27, 2022

Copy-paste | New cryptocurrency widget reveals real exchange commissions

Our new widget helps fight hidden fees on cryptocurrency exchanges. He clearly shows all the costs associated with trading digital assets at major sites, allowing traders to make informed decisions.

When choosing a cryptocurrency exchange, users usually pay attention to such factors as high liquidity, easy-to-use tools and relatively low fees.

If with liquidity and a friendly interface, everythingmore or less good, the commissions sometimes bring surprises, since many exchanges do not fully disclose information about all fees. As a result, the user pays more than expected, and often much more than it should.

Reveal hidden commissions

Many traders often take into account the explicit commission charged by the exchange, however, at many sites there are unobvious fees that reduce the profitability of trading on this platform.

One of these hidden fees is the spread,which, in essence, is the difference between the lowest bid price and the highest bid price on the exchange. Therefore, traders who place market orders on a cryptocurrency exchange with a high spread receive less return on their investments, because buy orders will be executed much higher than the maximum purchase price, while sell orders will be sold much lower than the lowest sale price.

Continuation of the link: https://beincrypto.ru/novyj-kriptovalyutnyj-vidzhet-vskryvaet-realnye-birzhevye-komissii/