What are the fees for buying coins on Crypto.com?
When it comes to purchasing cryptocurrencies on Crypto.com, there are several types of fees that users should be aware of, which can vary depending on the specific services used. One of the primary fees involved in buying coins is the trading fee. Crypto.com generally applies a tiered fee structure based on the user's trading volume and whether they are using the platform's native token, CRO, to pay for fees.
The trading fees start at a base level and can decrease as the user's trading volume increases over a certain period. Additionally, those who hold and stake CRO may enjoy further discounts on trading fees. It is important to note that the specific rates may change over time, so it is advisable to check the most current information directly on the Crypto.com website or within the app.
Besides trading fees, there may also be fees associated with deposits and withdrawals, depending on the method used. For instance, using credit or debit cards to purchase cryptocurrency may incur additional processing fees. Users should also be aware of potential network fees associated with transferring coins, as these can vary depending on the blockchain characteristics of the specific cryptocurrency being sent or received.
For the most accurate and detailed information regarding current fees, users should refer to the official fee schedule available on the Crypto.com website or within their application, as this will provide the most up-to-date information on costs associated with buying and trading cryptocurrencies on the platform.
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