What are the fees associated with trading cryptocurrencies on TMGM?

3 answers

• Metro280Feb 01, 2025 · 8 months ago
  When trading cryptocurrencies on TMGM, you will encounter several types of fees. The main fees include the spread, commission, and overnight financing fees. The spread is the difference between the buying and selling price of a cryptocurrency, and it represents the cost of the trade. The commission fee is a fixed percentage charged on each trade, which varies depending on the cryptocurrency and the trading volume. The overnight financing fee is applicable if you hold a position overnight, and it is calculated based on the interest rate and the size of your position. It's important to note that the fees may vary depending on the specific cryptocurrency and market conditions. It's always recommended to check TMGM's fee schedule for the most up-to-date information.
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• honlayMar 05, 2024 · 2 years ago
  Trading cryptocurrencies on TMGM comes with its fair share of fees. These fees include the spread, commission, and overnight financing charges. The spread represents the difference between the buying and selling price of a cryptocurrency, and it is essentially the cost of the trade. The commission fee is a percentage charged on each trade, which can vary depending on the cryptocurrency and trading volume. Lastly, the overnight financing fee is applicable if you hold a position overnight, and it is calculated based on the interest rate and the size of your position. It's important to consider these fees when trading cryptocurrencies on TMGM to ensure you have a clear understanding of the costs involved.
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• terrisMay 21, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on TMGM, you'll encounter various fees. These fees include the spread, commission, and overnight financing charges. The spread is the difference between the buying and selling price of a cryptocurrency, and it represents the cost of the trade. The commission fee is a percentage charged on each trade, which can vary depending on the cryptocurrency and trading volume. Lastly, the overnight financing fee is applicable if you hold a position overnight, and it is calculated based on the interest rate and the size of your position. It's important to note that these fees may vary depending on market conditions and the specific cryptocurrency you're trading. For the most accurate and up-to-date information, it's recommended to refer to TMGM's fee schedule.
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