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October 16, 2022, 06:37:59 PM |
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If you are good in trading, you do not have to think about the fee. Just make calculation of the trading fee from the total trading fund and use it to set a target of the profit you want from each trade you make.
I will advice you not to look for what scammers can use to scam you, although I checked that exchange (stormgain) and it is a good exchange, it would have high liquidity because it has trading volume of approximately $283 million in 24 hours. But you have to be careful of the coin you want to trade, because an exchange can have a good trading volume overall, but not having good trading volume for some altcoins.
To know more if an exchange has high liquidity of a particular coin, check the coin market on Coingecko or Coinmarketcap to know the confidence level of the coin liquidity on the exchange if your choice. This would help you to know if it has high liquidity or not.
As for me I use exchanges with much more high trading volume like Binance and OKX which are the top exchanges in the world, I do not care about the fee deducted for trading, and not even that much, but they are in percentage. Whichs means the more the trading fund or higher leverage, the more the money that would be dedicated for trading fee.
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