The crypto winter having caused a drop in activity on the various cryptocurrency platforms, the latter are multiplying offers to become attractive again. This is in particular the strategy adopted by Crypto.Com which has just announced a significant reduction in trading fees on its platform.
Following the latest update of its platform, Crypto.com has proceeded to add new trading tools and modified the conditions related to this service. The most important modification concerns in particular a reduction of 80 % cryptocurrency trading fees. This has been effective since June 18 and exempts traders from a minimum transaction amount. They will be able to carry out their operations on the spot market with fees starting from 0.075 %.
The official press release of the exchange specifies that this reduction is aimed at ” democratizing cryptocurrency trading ». Crypto.com thus wishes to allow users to “getting more out of their transactions ». The exchange has also decided to extend certain privileges to all users of the platform, all will now be able to benefit from a commission rate of 0 %.
Crypto.com also took the opportunity to simplify participation in its VIP trading program. In particular, the various levels of trading fees, margins and derivatives for the latter have been restructured. Along with the reduction of trading fees on its platform, Crypto.com continues its expansion policy in America after strengthening its presence in Europe. The exchange has successfully signed a pre-registration commitment in Canada with the Ontario Securities Commission (OSC).
Specialist in promotions thanks to, Crypto.com quickly made a name for himself in the industry. He hopes to attract more users to his platform with the current discount. This will also allow it to boost its trading volume while waiting for the effective recovery of the cryptocurrency market.
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Far from having cooled my ardor, an unsuccessful investment in 2017 on a cryptocurrency only increased my enthusiasm. I therefore resolved to study and understand the blockchain and its many uses and to relay information related to this ecosystem with my pen.