Crypto.com reduces trading fees by 80% and expands stake rewards

Crypto.com, one of the leading cryptocurrency exchanges, is working to democratize crypto trading by lowering trading fees by as much as 80% in some cases. With lower fees, entering the crypto trading space is easier than ever.

In addition, CRO stakers will be rewarded with even lower trading fees.

The crypto markets are changing and there have been many trading opportunities in recent months. While major tokens like BTC and ETH have fallen from all-time highs, the markets gave traders the opportunity to make big profits.

With ETH trading below $1000, traders could have entered the market and generated 50%+ returns in months with a single position. Crypto.com makes it easy to make these trades, and create passive returns with the effort CRO to boot!

Crypto.com reduces costs

Trading fees are increasing and Crypto.com wants to make it easy and cheap to enter the crypto trading markets.

According to Crypto.com, here are some of the best parts of the new fee structure:

• Spot and derivatives markets – up to 80% fee reduction
• Trading fees now start from 0.075% and 0.034% for the Spot and Derivatives markets respectively. There is no minimum trade amount required.
• The trading fee structures for VIPs and the spot, margin and derivatives markets are now simplified. They are easier to understand and it is easier to progress through the levels.
• All resellers can now achieve 0% producer fees
• The gap between producer and recipient fees has been reduced, so that users can trade on their own terms

In addition to lower fees, Crypto.com is updating the exchange, making it even faster and more reliable. Good trades require professional-level tools, and Crypto.com makes its platform the best option for both large and small traders.

For anyone who is a VIP member at Crypto.com, or a Market Maker, each VIP level can have 0% maker fees under the right conditions.

According to Crypto.com:

• VIP trading levels start at >0.1% of total trading volume for the spot and derivatives markets (versus >1% previously)
• Each VIP level can achieve 0% producer fee

Also, the Market Maker program keeps getting better. Now the liquidity providers will benefit from negative trading fees and even greater capital efficiency.

The new structure provides:

• Negative producer fees for all market making levels
• Negative producer fees are fee discounts that are credited in real time and settled in the traded pairs’ receiving currency for spot and USDC for derivatives
• Greater capital efficiency with higher credit limit leverage (subject to jurisdictional geo-restrictions)

Crypto.com didn’t forget anyone – from the smallest retail trader, all the way up to massive liquidity providers.

Staking with CRO

The CRO staking ecosystem was already robust, but Crypto.com improved it. With the new structure, CRO players will receive:

• Immediate fee reductions
• Additional trading fee benefits are given for stakes as little as 1000 CRO
• Guaranteed 0% Producer Fees – Users staking at least 50,000 CRO will enjoy 0% Producer Fees across all tiers
• Get paid to trade – users who stake at least 100,000 CRO will benefit from negative producer fees across all tiers

New adjustments to the deposit rate will not affect existing locked CRO, and will only apply to new CRO deposits.

The new prices are as follows:

• Effective immediately, the CRO bet rate has been updated from a flat bet rate of 10% pa to a tiered approach of up to 8% pa. Please see the FAQ for more details.
• These rate adjustments will not affect existing locked CRO stakes. Please note that if you change your CRO bet at any time after the effective date, it will restart for your locked bet.