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How to charge virtual currency transaction fees? How many times can you trade in a day?

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Release: 2024-04-18 13:17:01
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Virtual currency transaction fees are charged by the exchange, usually in the form of a fixed fee or a proportional charge. There is generally no limit to the number of transactions and may be affected by the specific exchange and account type.

How to charge virtual currency transaction fees? How many times can you trade in a day?

How to collect virtual currency transaction fees

Virtual currency transaction fees are usually charged by the exchange and are used Pay transaction processing fees and platform maintenance fees. There are two main ways to collect handling fees:

  • Fixed fee: The exchange charges a fixed amount of handling fees for all transactions, regardless of the transaction amount.
  • Charged on a proportional basis: The exchange charges a certain proportion of handling fees based on the transaction amount, that is, the higher the transaction amount, the higher the handling fee.

The number of transactions that can be made in a day

There is usually no limit to the number of virtual currency transactions, but some exchanges may set transaction limit limits for certain users. To prevent malicious trading or market manipulation. Therefore, the number of times you can trade depends on the exchange and account type used.

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