Definition ∞ Fee-less trading describes a model where participants execute transactions on a platform without incurring direct charges for each trade. While appearing free at the point of transaction, platforms offering fee-less trading typically recover costs through other means, such as subscriptions, bid-ask spreads, or other indirect revenue streams. This approach aims to reduce barriers to entry and increase trading activity.
Context ∞ Fee-less trading is a competitive strategy employed by some exchanges, both centralized and decentralized, to attract users in the highly contested digital asset market. While appealing to traders, the absence of explicit fees can sometimes obscure the true cost of execution or introduce other subtle charges. News often examines the sustainability and implications of such models for market liquidity, platform profitability, and overall market fairness.
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