The crypto winter having caused a drop in activity on the various cryptocurrency platforms, the latter are multiplying the offers to become attractive again. This is the strategy adopted by Crypto.Com, which has just announced a significant reduction in trading fees on its platform.
Crypto.com wants to democratize crypto trading
Following the latest update to its platform, Crypto.com has added new trading tools and modified the conditions related to this service. The most significant change concerns in particular 80% reduction cryptocurrency trading fees. This has been effective since June 18 and exempts traders from a minimum transaction amount. They could trade in the spot market with fees starting from 0.075%.
The exchange’s official statement states that this reduction aims to ” democratize cryptocurrency trading “. Crypto.com thus wishes to allow users to “get more out of their transactions “. The exchange has also decided to extend certain privileges to all platform users, everyone will now be able to benefit from a 0% commission rate.
Crypto.com has also taken the opportunity to simplify participation in its VIP trading program. The various levels of trading fees, margins and derivatives for the latter have been restructured. Along with reducing trading fees on its platform, Crypto.com continues its policy of expansion in America after strengthening its presence in Europe. The exchange has successfully signed a pre-registration undertaking in Canada with the Ontario Securities Commission (OSC).
Specialist in promotions thanks, Crypto.com quickly made a name for himself in the industry. He hopes to attract more users to his platform with the present discount. This will also allow it to boost its volume of transactions while waiting for the effective recovery of the cryptocurrency market.
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