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Title: Crypto.com spread exchange rate Post by: uneng on February 02, 2023, 06:10:20 PM Crypto.com doesn't charge fees when exchanging currencies, but I noticed rates are inferior to the official rates on the currently moment of the operation. Also, you don't have freedom to place a sell order with the price you want. They force you to set a minimum price, above the currently market's price, difficulting the sale.
So I concluded they charge a hidden spread exchange fee. Do you know how many percentage is this fee? I found a local innovative digital bank in my country which claims to not charge fees, but they have the spread thing feature, and informs it stays around 1%. So, technically, absence of fees is a fake propaganda, anyway. EDIT: nevermind, although they don't display the fees and respective values charged on the moment of each operation, there is table informing the percentages. https://i.imgur.com/zJ2w1Jj.png |
