What are the fees involved in trading cryptocurrencies on Plus500?

3 answers

• Fiantso HarenaJul 06, 2022 · 3 years ago
  Sure! When trading cryptocurrencies on Plus500, you will encounter several types of fees. Firstly, there is a spread fee, which is the difference between the buy and sell prices of a cryptocurrency. This fee is built into the price and can vary depending on market conditions. Additionally, Plus500 charges an overnight funding fee for positions held overnight. The funding fee is calculated based on the size of the position and the relevant interbank rate. It's important to note that Plus500 does not charge any commission fees for cryptocurrency trades. However, it's always a good idea to review the fee schedule on the Plus500 website for the most up-to-date information.
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• Darya KopytovaApr 24, 2024 · a year ago
  Trading cryptocurrencies on Plus500 comes with its fair share of fees. One of the main fees you'll encounter is the spread fee. This fee is essentially the difference between the buying and selling price of a cryptocurrency. Plus500 incorporates this fee into the price you see on the platform. Another fee to be aware of is the overnight funding fee. If you hold a position overnight, you'll be charged a fee based on the size of your position and the relevant interbank rate. It's worth noting that Plus500 does not charge any commission fees for cryptocurrency trades. To get a complete understanding of the fees involved, it's always a good idea to check out the fee schedule on the Plus500 website.
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• Moha MouhaAug 08, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on Plus500, there are a few fees you should know about. First, there's the spread fee. This fee is the difference between the buy and sell prices of a cryptocurrency and is built into the price you see on the platform. Plus500 also charges an overnight funding fee for positions held overnight. This fee is calculated based on the size of your position and the relevant interbank rate. It's important to note that Plus500 does not charge any commission fees for cryptocurrency trades. For more detailed information on the fees involved, you can visit the Plus500 website and check out their fee schedule.
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