How much are the Tether transaction fees?

Tether transaction fees vary by platform and type. Centralized exchanges charge transaction fees (0.05%-0.25%) and withdrawal fees. Decentralized exchanges charge liquidity provider fees and protocol fees (0.1%-0.3%). Spot trading fees are lower, while futures trading and margin trading fees are higher. In addition, network fees, conversion fees and deposit/withdrawal fees may also apply.

Tether transaction fee

Tether transaction fee varies depending on the trading platform and transaction type.

Centralized exchange

Centralized exchanges usually charge two types of handling fees:

• Transaction fees : Charged as a percentage of the transaction amount, usually 0.05% to 0.25%.
• Withdrawal fee: Charged when withdrawing Tether from the exchange, the amount varies by platform.

Decentralized Exchange

Decentralized exchanges (DEX) usually adopt two different charging models:

• Liquidity Provider (LP) Fees: Withdrawn from fees earned by LPs (users who provide liquidity).
• Protocol fee: A fixed fee charged by the DEX protocol, usually 0.1% to 0.3% of the transaction amount.

Transaction type

Transaction type will also affect the handling fee:

• Spot transaction: Buy and sell Regular transactions in Tether usually charge lower fees.
• Futures trading: Using leverage to trade Tether usually charges higher fees.
• Margin trading: Used when borrowing funds for trading, interest and other fees are usually charged.

Other fees

In addition to transaction fees, other fees may be incurred when trading Tether:

• Network Fee: The blockchain fee required for the transaction.
• Conversion Fee: The fee when converting Tether between different cryptocurrencies.
• Deposit/withdrawal fees: Fees when depositing or withdrawing Tether from a fiat account.

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