What are the differences between FTX and Coinbase Pro in terms of trading fees?
Can you explain the differences between FTX and Coinbase Pro when it comes to trading fees? I'm trying to understand which platform offers better fee structures and how they compare in terms of fees for different types of trades.
1 answers
- Elizabeth CopperDec 06, 2023 · 3 years agoWhen it comes to trading fees, FTX and Coinbase Pro have their own unique fee structures. FTX offers a tiered fee system, where the fees decrease as your trading volume increases. On the other hand, Coinbase Pro uses a maker-taker fee model, where makers pay lower fees for providing liquidity, and takers pay higher fees for taking liquidity. So, if you're a high-volume trader, FTX might be more suitable for you due to its decreasing fee structure. However, if you're more interested in being a market maker, Coinbase Pro could be a better option with its lower fees for adding liquidity.
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