If you are wondering whether Crypto.com Exchange or App is cheaper to do trading, let’s take a look at the sample below:
Using Crypto App
Using Crypto Exchange
*Fee: 0.16% | 2062.3731 MCO – 0.16% = 2058.7 MCO
There’s a fee when you trade in the exchange. for 10K CRO stacked the fees would be Maker/Taker Fee 0.10% / 0.16%.
“Maker” and “Taker” fees are charged when the trade is executed and matched, and not when the trade order is created.
Maker Fee – A trade order will incur a maker fee if the trade is not matched immediately with a buyer/seller’s order on the order book. These trades will be added to the order book, adding liquidity. An example of this are limit orders that do not get fulfilled immediately.
Taker Fee – A trade order will incur a taker fee if the trade is matched immediately with an order on the order book. An example of this are market orders that are usually completely fulfilled.
Summary Crypto.com Exchange or App Is Cheaper To Do Trading?
Even considering the fees Crypto.com Exchange has a better rate, not only that but you can decide on what price you want to let you go. From the example using the market price, For 1 BTC you’ll have 90 USD more than if you exchange it in the Crypto App.
If you are stacking CRO in the Exchange you even will have some fee rebate from 20% up to 100%. it’s also double tier discount based on how much CRO you stacked and the 30 days trading volume.
If you are trading a very small amount from the Syndicate, the amount is very minimum so go ahead with the app if it’s easier for you but if you want to save every cents then go for the Crypto.com Exchange.