Difference Between Bitfinex and BingX Trading Fee


Cryptocurrency exchanges, like stock exchanges, allow for the trading of cryptocurrencies. However, fees for these trades can vary significantly between exchanges. Some exchanges charge a flat fee for all trades, while others charge a percentage of the trade amount. Some exchanges also offer discounts to users who hold certain memberships or trade large volumes. It is important to compare the fees of different exchanges to determine which one offers the most competitive rates and to understand the fees associated with trading cryptocurrency in order to create profit-maximizing strategies.


For reference, here are the fees for some popular cryptocurrency exchanges:


Bitfinex: 0.1% for makers and takers on most trades, with discounts available for users who hold the exchange's native token (LEO) or who trade large volumes.


BingX: As low as 0.075% for makers and takers on most trades.


Please see the table below for a quick overview:



                    Bitfinex.       BingX

Maker Fee.   0.1%.          0.075%

Taker Fee.    0.1%.          0.075%



It is important to compare fees across different exchanges and to check the current fee schedule of the exchange you are using to make sure you are getting the most competitive rates.